Postwar Market for State and Local Government Securities
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A01=Roland I. Robinson
After-Tax Income
Age Group_Uncategorized
Age Group_Uncategorized
Author_Roland I. Robinson
automatic-update
Bond (finance)
Bond Yield
Capital expenditure
Capital gain
Capital market
Category1=Non-Fiction
Category=JPA
Category=KCA
Category=KFFD
Commercial bank
COP=United States
Coupon
Credit (finance)
Credit risk
Debt limit
Debt service
Default (finance)
Delivery_Delivery within 10-20 working days
Diversification (finance)
eq_bestseller
eq_business-finance-law
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
Federal Deposit Insurance Corporation
Federal Reserve Credit
Finance
Financial asset
Funding
Government bond
Government budget balance
Government debt
Government revenue
Government Security
High-yield debt
Housing authority
Housing Bonds
Income
Income splitting
Income tax
Income tax in the United States
Institutional investor
Interest Cost
Interest rate
Investment
Investment banking
Investor
Language_English
Leverage (finance)
Margin (finance)
Market liquidity
Monetary policy
Money market
Moody's Investors Service
Municipal bond
National Bureau of Economic Research
New Issue
PA=Available
Pension fund
Price_€50 to €100
PS=Active
Public finance
Real versus nominal value (economics)
Refunding
Revenue
Revenue bond
Secondary market offering
Security (finance)
softlaunch
State aid
State bank
Tax
Tax bracket
Tax exemption
Tax incidence
Tax rate
Tax Swap
Tax-Exempt Interest
Tax-Exempt Security
Treasury Bill
Treasury Yield
U.S. Savings bonds
Underwriting
United States Treasury security
Yield curve
Product details
- ISBN 9780691652429
- Weight: 510g
- Dimensions: 152 x 235mm
- Publication Date: 19 Apr 2016
- Publisher: Princeton University Press
- Publication City/Country: US
- Product Form: Hardback
- Language: English
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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.
