LEADER 04200nam 2200673Ia 450 001 9910450778503321 005 20210608030726.0 010 $a1-281-22396-4 010 $a9786611223960 010 $a0-226-72625-8 024 7 $a10.7208/9780226726250 035 $a(CKB)1000000000407462 035 $a(EBL)408478 035 $a(OCoLC)476229257 035 $a(SSID)ssj0000252962 035 $a(PQKBManifestationID)11237563 035 $a(PQKBTitleCode)TC0000252962 035 $a(PQKBWorkID)10185643 035 $a(PQKB)11641667 035 $a(MiAaPQ)EBC408478 035 $a(DE-B1597)535530 035 $a(OCoLC)824143781 035 $a(DE-B1597)9780226726250 035 $a(Au-PeEL)EBL408478 035 $a(CaPaEBR)ebr10216933 035 $a(CaONFJC)MIL122396 035 $a(EXLCZ)991000000000407462 100 $a19851209d1986 uy 0 101 0 $aeng 135 $aurnn#---|u||u 181 $ctxt 182 $cc 183 $acr 200 00$aStudies in state and local public finance$b[electronic resource] /$fedited by Harvey S. Rosen 210 $aChicago $cUniversity of Chicago Press$dc1986 215 $a1 online resource (250 p.) 225 1 $aNational Bureau of Economic Research project report 300 $aDescription based upon print version of record. 311 0 $a0-226-72621-5 320 $aIncludes bibliographies and indexes. 327 $tFront matter --$tContents --$tAcknowledgments --$t1. Introduction --$t2. Explaining the Yield Spread between Taxable and Tax-exempt Bonds : The Role of Expected Tax Policy --$t3. An Empirical Examination of Municipal Financial Policy --$t4. Property Taxes and Firm Location: Evidence from Proposition 13 --$t5. Welfare Effects of Marginal- Cost Taxation of Motor Freight Transportation: A Study of Infrastructure Pricing --$t6. State Personal Income and Sales Taxes, 1977- 1983 --$t7. Education, Welfare and the "New" Federalism: State Budgeting in a Federalist Public Economy --$tList of Contributors --$tAuthor Index --$tSubject Index 330 $aIn fiscal year 1981-82, state and local government spending actually exceeded federal nondefense spending. However, past research in public finance has focused on federal spending and policies and paid little attention to the economic problems of state and local governments. Studies in State and Local Public Finance goes far in correcting this omission. Developed from a National Bureau of Economic Research conference on state and local financing, the volume includes papers summarizing and extending recent research as well as commentaries. Covering a wide range of topics, the papers share an empirical orientation and a concern with policy issues. The first two papers look at the role of tax-exempt bonds in local public finance. Their findings suggest that tax policies significantly affect municipal borrowing practices and that financial advantage can be achieved under certain of these practices. Other papers address specific issues related to state and local tax policy: the impact of local taxes on location decisions; efficient road-use charges for trucks; and the relation of income and general sales tax systems over time. Examining issues related to United States federalism, the last paper focuses on the impact of federal grant aid to states. The research and findings these papers report make an important contribution to the study of local public finance and should be of particular interest to policymakers and those involved in private and public financing at the local, state, or federal level. 410 0$aNational Bureau of Economic Research project report. 606 $aFinance, Public$zUnited States$xStates 606 $aFinance, Public$zUnited States 606 $aLocal finance$zUnited States 608 $aElectronic books. 615 0$aFinance, Public$xStates. 615 0$aFinance, Public 615 0$aLocal finance 676 $a336.73 701 $aRosen$b Harvey S$0122240 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910450778503321 996 $aStudies in state and local public finance$9501846 997 $aUNINA