Author: George PalumboPublisher:
ISBN:
Category : Local finance
Languages : en
Pages : 52
Book Description
Rural Governments in the Municipal Bond Market
Author: George PalumboPublisher:
ISBN:
Category : Local finance
Languages : en
Pages : 52
Book Description
Financial Management for Local Governments
Author: Examining the Rural Municipal Bond Market
Author: Patrick J. SullivanPublisher:
ISBN:
Category : Bonds
Languages : en
Pages : 40
Book Description
The Municipal Bond Rating Process
Author: Paul G. FarnhamPublisher:
ISBN:
Category : Municipal bonds
Languages : en
Pages : 110
Book Description
Financing Public Services and Facilities in Rural Communities
Author: Essays on the Municipal Bond Market
Author: Su HuangPublisher:
ISBN: 9781267923332
Category :
Languages : en
Pages : 168
Book Description
This dissertation focuses on the municipal bond market. Chapter 1 first introduces the classification of municipal bonds, then summarizes the literature that talk about the determinants of municipal bond yields, and finally classifies the determinants into three classes: the economic status of the state where the bond is issued, the demographic characteristics of the state, and the financial status of the state or the local government where the bond is issued. Chapter 2 introduces two nonparametric econometric techniques, including nonparametric regressions and gradient boosting. Compared with traditional ordinary least square methods, these two techniques can help us capture both nonlinearity and potential random interactions among key determinants in the analysis of municipal bond yields. Chapter 3 performs a comprehensive analysis on the determinants of general obligation municipal bond yields and examines the impact of the recent financial crisis on the underlying relations. A systematic comparison of the relations before and after the 2008 financial crisis shows that the economic and financial health of local governments has become markedly more diverse since the crisis began. The relation between the municipal bond yields and the economic and financial health of the local governments has also become stronger because of the larger differentiation among the local governments and hence larger signal to noise ratio, as well as closer scrutiny by market participants on the economic fundamentals of municipal governments. Chapter 3 also provides a new prediction framework and shows that accommodating nonlinearities and random interaction effects can significantly enhance the predictive performance on the municipal bond yields.
The Encyclopedia of Taxation & Tax Policy
Author: Joseph J. CordesPublisher: The Urban Insitute
ISBN: 9780877667520
Category : Business & Economics
Languages : en
Pages : 522
Book Description
"From adjusted gross income to zoning and property taxes, the second edition of The Encyclopedia of Taxation and Tax Policy offers the best and most complete guide to taxes and tax-related issues. More than 150 tax practitioners and administrators, policymakers, and academics have contributed. The result is a unique and authoritative reference that examines virtually all tax instruments used by governments (individual income, corporate income, sales and value-added, property, estate and gift, franchise, poll, and many variants of these taxes), as well as characteristics of a good tax system, budgetary issues, and many current federal, state, local, and international tax policy issues. The new edition has been completely revised, with 40 new topics and 200 articles reflecting six years of legislative changes. Each essay provides the generalist with a quick and reliable introduction to many topics but also gives tax specialists the benefit of other experts' best thinking, in a manner that makes the complex understandable. Reference lists point the reader to additional sources of information for each topic. The first edition of The Encyclopedia of Taxation and Tax Policy was selected as an Outstanding Academic Book of the Year (1999) by Choice magazine."--Publisher's website.
Guide to Municipal Finance
Author: Naomi Enid SlackPublisher: UN-HABITAT
ISBN: 9211321131
Category : Municipal finance
Languages : en
Pages : 90
Book Description
The Impact of Conditions in the Municipal Bond Market on Community Services and Facilities
Author: Gerry H. WilliamsPublisher:
ISBN:
Category : Municipal bonds
Languages : en
Pages : 75
Book Description
Municipalities in Distress?
Author: James SpiottoPublisher:
ISBN: 9780692624777
Category :
Languages : en
Pages :
Book Description
A 50 State Survey of: (1) Rights and Remedies Provided by States to Investors, (2) State Supervision and Oversight Mechanisms of Financially Distressed Local Governments and (3) State Authorization of Municipalities to File Chapter 9 Bankruptcy