Municipal bonds have recently been of national interest and Michigan’s strained economy over the past decade has made bond issuance in the state of particular interest to a variety of stakeholders. Given the close connection between municipal bonds and property taxes, the fall-off in the...

This paper focuses on differentials between rental and owner costs as a primary determinant of local homeownership. In simultaneous equations to estimate the separate effects of owner cost and rent on homeownership rates, the control variables are various household and geographical factors...

In the appendix to this paper an overview of Michigan economic incentive legislation is presented (MSU Ag Econ Staff paper No. 79-79). This described Michigan's economic incentive program without conducting an analysis of the consequences of the program. The purpose of the following discussion...