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UPDATE: THE STATE OF PUBLIC HOUSING FINANCING
capital markets public housing capital innovations
2011/9/17
Reports that the public housing authorities have turned to capital markets to finance public housing improvements. Appropriation for public housing capital; Expansion of the capital fund effort; Innov...
THE OPTIMAL PUBLIC EXPENDITURE FINANCING POLICY: DOES THE LEVEL OF ECONOMIC DEVELOPMENT
public finance economic development theoretical analysis capital market
2011/9/13
This paper explores how the optimal mode of public finance depends on the level of economic development. The theoretical analysis suggests that in the presence of capital market imperfection and liqui...