Postwar Market for State and Local Government Securities

Postwar Market for State and Local Government Securities PDF Author: Roland I. Robinson
Publisher: Princeton University Press
ISBN: 1400879744
Category : Business & Economics
Languages : en
Pages : 252

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Book Description
Most of the schools built in the United States, as well as many public facilities, must be financed by borrowing in the capital markets. Until recently, when strongly competing capital demands have interfered, the privilege of tax exemption has made state and local government borrowing relatively easy. Dr. Robinson has made an extensive study of the changing market value of tax exemption and of its effect on the yield of various securities. His analysis, which shows that the lessened value of tax exemption may well encourage administrative and financial reform in state and local governments, is of importance to finance authorities, institutional investors, and security analysts. Originally published in 1960. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Postwar Market for State and Local Government Securities

Postwar Market for State and Local Government Securities PDF Author: Roland I. Robinson
Publisher: Princeton University Press
ISBN: 1400879744
Category : Business & Economics
Languages : en
Pages : 252

Get Book

Book Description
Most of the schools built in the United States, as well as many public facilities, must be financed by borrowing in the capital markets. Until recently, when strongly competing capital demands have interfered, the privilege of tax exemption has made state and local government borrowing relatively easy. Dr. Robinson has made an extensive study of the changing market value of tax exemption and of its effect on the yield of various securities. His analysis, which shows that the lessened value of tax exemption may well encourage administrative and financial reform in state and local governments, is of importance to finance authorities, institutional investors, and security analysts. Originally published in 1960. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

State and Local Public Facility Needs and Financing: Public facility financing

State and Local Public Facility Needs and Financing: Public facility financing PDF Author: United States. Congress. Joint Economic Committee. Subcommittee on Economic Progress
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 464

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Book Description


State and Local Public Facility Needs and Financing

State and Local Public Facility Needs and Financing PDF Author: United States. Congress. Joint Economic Committee. Subcommittee on Economic Progress
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 1182

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The Bonds of Inequality

The Bonds of Inequality PDF Author: Destin Jenkins
Publisher: University of Chicago Press
ISBN: 022672168X
Category : History
Languages : en
Pages : 318

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Book Description
Indebtedness, like inequality, has become a ubiquitous condition in the United States. Yet few have probed American cities’ dependence on municipal debt or how the terms of municipal finance structure racial privileges, entrench spatial neglect, elide democratic input, and distribute wealth and power. In this passionate and deeply researched book, Destin Jenkins shows in vivid detail how, beyond the borrowing decisions of American cities and beneath their quotidian infrastructure, there lurks a world of politics and finance that is rarely seen, let alone understood. Focusing on San Francisco, The Bonds of Inequality offers a singular view of the postwar city, one where the dynamics that drove its creation encompassed not only local politicians but also banks, credit rating firms, insurance companies, and the national municipal bond market. Moving between the local and the national, The Bonds of Inequality uncovers how racial inequalities in San Francisco were intrinsically tied to municipal finance arrangements and how these arrangements were central in determining the distribution of resources in the city. By homing in on financing and its imperatives, Jenkins boldly rewrites the history of modern American cities, revealing the hidden strings that bind debt and power, race and inequity, democracy and capitalism.

Debt Financing Problems of State and Local Government

Debt Financing Problems of State and Local Government PDF Author: United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on Economic Stabilization
Publisher:
ISBN:
Category : Debts, Public
Languages : en
Pages : 2264

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The Bonds of Inequality

The Bonds of Inequality PDF Author: Destin Jenkins
Publisher: University of Chicago Press
ISBN: 0226819981
Category : Business & Economics
Languages : en
Pages : 318

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Book Description
"Cities require infrastructure as they grow and persist; infrastructure requires funding, typically from the bond market. But the bond market is not a neutral player. In this groundbreaking book, Destin Jenkins suggests that questions of urban infrastructure are inherently also questions of justice because infrastructure requires financial mechanisms to come into being. Moreover, these mechanisms abstract cities into investments controlled from afar, which exacerbates local inequalities of race, wealth, and power. Ultimately, Jenkins opens up far larger questions, such as why it is that American social welfare is predicated on the demands of finance capitalism in the first place"--

Revenue Sharing and Its Alternatives: what Future for Fiscal Federalism?

Revenue Sharing and Its Alternatives: what Future for Fiscal Federalism? PDF Author: United States. Congress. Joint Economic Committee. Subcommittee on Fiscal Policy
Publisher:
ISBN:
Category : Intergovernmental fiscal relations
Languages : en
Pages : 1580

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Municipal Securities Regulation

Municipal Securities Regulation PDF Author: United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Consumer Protection and Finance
Publisher:
ISBN:
Category : Municipal bonds
Languages : en
Pages : 140

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Municipal Securities Regulation, Hearing Before the Subcommittee on Consumer Protection and Finance of the ..., 94-1, April 18, 1975

Municipal Securities Regulation, Hearing Before the Subcommittee on Consumer Protection and Finance of the ..., 94-1, April 18, 1975 PDF Author: United States. Congress. House. Committee on Interstate and Foreign Commerce
Publisher:
ISBN:
Category :
Languages : en
Pages : 130

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Book Description


State Constitutional and Statutory Restrictions on Local Government Debt

State Constitutional and Statutory Restrictions on Local Government Debt PDF Author: United States. Advisory Commission on Intergovernmental Relations
Publisher:
ISBN:
Category : Intergovernmental fiscal relations
Languages : en
Pages : 124

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Book Description