1. The Misunderstood Municipal Market: Why Predictions For Mass Municipal Defaults Are Incorrect Open Access Author: Zurad, Noah Joseph Title: The Misunderstood Municipal Market: Why Predictions For Mass Municipal Defaults Are Incorrect Area of Honors: Finance Keywords: MunicipalDebtStatesFiscalPensionsDebt MarketDefaultBankruptcyTax-ExemptHarrisburgBalanced Budget File: Download Zurad_Noah_MunicipalMarket.pdf Thesis Supervisors: James Alan Miles, Thesis SupervisorJames Alan Miles, Thesis Honors AdvisorDr. Joseph Randall Woolridge, Faculty Reader