The Private Life of Public Finance

The Private Life of Public Finance PDF Author: Mark T. Melio
Publisher: Platform Press
ISBN: 9780997493016
Category : Biography & Autobiography
Languages : en
Pages : 186

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Book Description
The son of a steelworker from Pennsylvania tells the inside story, warts and all, of his career as a successful investment banker at two of the biggest, best-known, and most controversial firms in the world-Goldman Sachs and JPMorgan Chase-during a historic and turbulent period in US history. Mark Melio's personal anecdotes and observations illustrate the self-absorbed culture, hypocrisy, and rapacious practices of Wall Street's leading banks, how he bought into the fiction that "the customer always comes first," and how investment banks morphed from once-proud partnerships into predators in constant search of new ways to scalp clients. This is a rare glimpse by a thoughtful observer behind the scenes of an institution that built America's "new" economy and then nearly destroyed it.

The Private Life of Public Finance

The Private Life of Public Finance PDF Author: Mark T. Melio
Publisher: Platform Press
ISBN: 9780997493016
Category : Biography & Autobiography
Languages : en
Pages : 186

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Book Description
The son of a steelworker from Pennsylvania tells the inside story, warts and all, of his career as a successful investment banker at two of the biggest, best-known, and most controversial firms in the world-Goldman Sachs and JPMorgan Chase-during a historic and turbulent period in US history. Mark Melio's personal anecdotes and observations illustrate the self-absorbed culture, hypocrisy, and rapacious practices of Wall Street's leading banks, how he bought into the fiction that "the customer always comes first," and how investment banks morphed from once-proud partnerships into predators in constant search of new ways to scalp clients. This is a rare glimpse by a thoughtful observer behind the scenes of an institution that built America's "new" economy and then nearly destroyed it.

Policy and Choice

Policy and Choice PDF Author: William J. Congdon
Publisher: Brookings Institution Press
ISBN: 0815704984
Category : Business & Economics
Languages : en
Pages : 260

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Book Description
Argues that public finance--the study of the government's role in economics--should incorporate principles from behavior economics and other branches of psychology.

Public Finance and Public Policy

Public Finance and Public Policy PDF Author: Jonathan Gruber
Publisher: Macmillan
ISBN: 9780716786559
Category : Business & Economics
Languages : en
Pages : 806

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Book Description
Chapters include: "Income distribution and welfare programs", "State and local government expenditures" and "Health economics and private health insurance".

Policy, Management and Finance of Public-Private Partnerships

Policy, Management and Finance of Public-Private Partnerships PDF Author: Akintola Akintoye
Publisher: John Wiley & Sons
ISBN: 1444301438
Category : Technology & Engineering
Languages : en
Pages : 504

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Book Description
This book examines some of the key policy, financial and managerialaspects of public-private partnerships within the context of theglobal spread of this form of procurement. The chapters investigate political and institutional issuessurrounding PPPs, together with the financial and managerialstrategies employed by the private sector. Adopting across-disciplinary perspective, the book highlights the oftenpolitically sensitive nature of these projects and identifies aneed for the private sector to investigate a broad set ofparameters which relate to the particular political economy ofindividual partnerships. Policy, Finance & Management for Public-Private Partnershipscovers a range of specific issues, including: partnerships indeveloping countries; innovation in partnership-based procurement;government and business interaction; institutional andorganisational approaches to facilitating partnership; project andcorporate financing; risk and value management; market analysis,modelling and forecasting; capital structure decisions andmanagement; investment theory and practice; pricing and costevaluation; statutory regulations and their financial implications;option pricing; financial monitoring; syndicate funding; new rolesfor the financial and insurance sectors; institutional andmultilateral funding; payment mechanisms; concession perioddetermination; risk analysis and management; whole life valuemethodology; cost comparators and best value; team building, teamwork and skill development. Contributions from Australia, Europe, the Far East, South Africaand the United States together present the current thinking andstate-of-the-art approaches to public-private partnerships.

Public Finance

Public Finance PDF Author: David Hyman
Publisher:
ISBN: 9781408094426
Category :
Languages : en
Pages :

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Book Description


The Fundamentals of Municipal Bonds

The Fundamentals of Municipal Bonds PDF Author: SIFMA
Publisher: John Wiley & Sons
ISBN: 1118166841
Category : Business & Economics
Languages : en
Pages : 326

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Book Description
The definitive new edition of the most trusted book on municipal bonds As of the end of 1998, municipal bonds, issued by state or local governments to finance public works programs, such as the building of schools, streets, and electrical grids, totaled almost $1.5 trillion in outstanding debt, a number that has only increased over time. The market for these bonds is comprised of many types of professionals—investment bankers, underwriters, traders, analysts, attorneys, rating agencies, brokers, and regulators—who are paid interest and principal according to a fixed schedule. Intended for investment professionals interested in how US municipal bonds work, The Fundamentals of Municipal Bonds, Sixth Edition explains the bond contract and recent changes in this market, providing investors with the information and tools they need to make bonds reliable parts of their portfolios. The market is very different from when the fifth edition was published more than ten years ago, and this revision reasserts Fundamentals of Municipal Bonds as the preeminent text in the field Explores the basics of municipal securities, including the issuers, the primary market, and the secondary market Key areas, such as investing in bonds, credit analysis, interest rates, and regulatory and disclosure requirements, are covered in detail This revised edition includes appendixes, a glossary, and a list of financial products related to applying the fundamentals of municipal bonds An official book of the Securities Industry and Financial Markets Association (SIFMA) With today's financial market in recovery and still highly volatile, investors are looking for a safe and steady way to grow their money without having to invest in stocks. The bond market has always been a safe haven, although confusing new bonds and bond funds make it increasingly difficult for unfamiliar investors to decide on the most suitable fixed income investments.

The Power of the Purse

The Power of the Purse PDF Author: E. James Ferguson
Publisher: UNC Press Books
ISBN: 0807839752
Category : History
Languages : en
Pages : 377

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Book Description
In The Power of the Purse, E. James Ferguson examines the intricate financial history of the American Revolution and the Confederation and connects it to political and constitutional developments in the period. Whether states or Congress should pay the debts of the Revolution and collect the taxes was a pivotal question whose solution would largely determine the country's progress toward national union. Ultimately, says Ferguson, the Revolutionary debt fulfilled an important purpose as a "bond of union." Ferguson's masterful analysis, originally published in 1961, has become a classic among the literature on the American Revolution.

The New Dynamic Public Finance

The New Dynamic Public Finance PDF Author: Narayana R. Kocherlakota
Publisher: Princeton University Press
ISBN: 1400835275
Category : Business & Economics
Languages : en
Pages : 230

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Book Description
Optimal tax design attempts to resolve a well-known trade-off: namely, that high taxes are bad insofar as they discourage people from working, but good to the degree that, by redistributing wealth, they help insure people against productivity shocks. Until recently, however, economic research on this question either ignored people's uncertainty about their future productivities or imposed strong and unrealistic functional form restrictions on taxes. In response to these problems, the new dynamic public finance was developed to study the design of optimal taxes given only minimal restrictions on the set of possible tax instruments, and on the nature of shocks affecting people in the economy. In this book, Narayana Kocherlakota surveys and discusses this exciting new approach to public finance. An important book for advanced PhD courses in public finance and macroeconomics, The New Dynamic Public Finance provides a formal connection between the problem of dynamic optimal taxation and dynamic principal-agent contracting theory. This connection means that the properties of solutions to principal-agent problems can be used to determine the properties of optimal tax systems. The book shows that such optimal tax systems necessarily involve asset income taxes, which may depend in sophisticated ways on current and past labor incomes. It also addresses the implications of this new approach for qualitative properties of optimal monetary policy, optimal government debt policy, and optimal bequest taxes. In addition, the book describes computational methods for approximate calculation of optimal taxes, and discusses possible paths for future research.

Public Finance

Public Finance PDF Author: Harley Leist Lutz
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 704

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Book Description


Introduction to Public Finance

Introduction to Public Finance PDF Author: Carl Copping Plehn
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 476

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Book Description