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Federal Reserve Bank of Dallas
Southwest Economy
Determining creditworthiness and Texas' case for a top rating
Jason L. Saving

To the ratings agencies, the AAA-rated states share one important trait: fiscal capacity, a superior ability to raise revenue within their borders to cover fiscal obligations.

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Jason L. Saving, "Determining creditworthiness and Texas' case for a top rating" , Federal Reserve Bank of Dallas, Southwest Economy, issue Q4, pages 3-7, 2012.
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Fed-in-Print is the central catalog of publications within the Federal Reserve System. It is managed and hosted by the Economic Research Division, Federal Reserve Bank of St. Louis.

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