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The Chicago School
Culture & Society
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Economic History
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Insights shaping the future of capitalism.
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The Chicago School
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Puerto Rico
Implicit Government Involvement In The Puerto Rican Debt Crisis
Bob Chirinko
Why were Puerto Rico's economic and financial troubles not reflected in its bond yields prior to its 2016 default? A Stigler Center working paper...
How the Triple Tax Exemption on Puerto Rico’s Bonds Financed Its Territorial Status—and Helped Spark Its Debt Crisis
Evaluz Cotto-Quijano
How did Puerto Rico manage to incur a monumental debt of $72 billion without raising red flags among the sophisticated investors who continuously bought...
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