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Postwar Market for State and Local Government Securities
Roland I. Robinson
€ 112.92
€ 85.15
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Description for Postwar Market for State and Local Government Securities
Hardcover. Series: Princeton Legacy Library. Num Pages: 252 pages, black & white illustrations. BIC Classification: JPA; KCA; KFFD. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 235 x 155 x 16. Weight in Grams: 514.
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 ... Read more
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 ... Read more
Product Details
Format
Hardback
Publication date
2019
Publisher
Princeton University Press United States
Number of pages
252
Condition
New
Series
Princeton Legacy Library
Number of Pages
252
Place of Publication
New Jersey, United States
ISBN
9780691652429
SKU
V9780691652429
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
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