Municipal budget surpluses
Public subsidies for private purposes
A discussion of the use of municipal debt issues to fund publicly supported stadiums, focusing on the role of federal tax exemption as a hidden subsidy in reducing local funding costs and on the rationale for seeking public subsidies of private, local facilities.
The current fiscal situation in state and local governments
Estimating the relationship between local, public and private investment
A discussion of whether public outlays influence private investment, modeling the timing and effectiveness of public infrastructure as a local policy instrument.
Will this be cash or charge? Fifth district municipal debts
Short-term municipal securities
A question of credit
The credit enhancement market is in flux, which leads to some navel gazing over municipal bond offerings
At the local level