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A note on public debt, tax-exempt bonds, and Ponzi games
Wigger, Berthold U. - In: Journal of macroeconomics 31 (2009) 3, pp. 492-499
Persistent link: https://www.econbiz.de/10003888902
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A Note on Public Debt, Tax-Exempt Bonds, and Ponzi Games
Wigger, Berthold U. - 2008
By issuing tax-exempt bonds, the government can incur debt and never pay back any principal or interest, even if the economy without public debt evolves on a dynamically efficient growth path. The welfare effects of such a Ponzi type borrowing scheme are mixed. The current young will...
Persistent link: https://www.econbiz.de/10012773440
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Public borrowing for private organizations : costs and structure of tax-exempt debt through conduit issuers
Ely, Todd L.; Calabrese, Thad - In: Public budgeting & finance 37 (2017) 1, pp. 3-25
Persistent link: https://www.econbiz.de/10011960081
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The supply elasticity of municipal debt : evidence from bank-qualified bonds
St. Clair, Travis - In: National tax journal 77 (2024) 1, pp. 111-139
Persistent link: https://www.econbiz.de/10014504646
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A Noteon Public Debt, Tax-Exempt Bonds, and Ponzi Games
Wigger, Berthold U. - 2007
By issuing tax-exempt bonds, the government can incur debt and never pay back any principal or interest, even if the economy without public debt evolves on a dynamically efficient growth path. The welfare effects of such a Ponzi type borrowing scheme are mixed. The current young will...
Persistent link: https://www.econbiz.de/10014401260
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Die "Kavaliersanleihe" : ein Instrument zur Beschleunigung des Aufbaus in den neuen Bundesländern
Albach, Horst - 1992
Persistent link: https://www.econbiz.de/10000863937
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The role of federal taxation in the supply of municipal bonds : evidence from municipal governments
Metcalf, Gilbert E. - 1991
Persistent link: https://www.econbiz.de/10000826617
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Which households own municipal bonds? : evidence from tax returns
Feenberg, Daniel; Poterba, James M. - 1991
Persistent link: https://www.econbiz.de/10000827066
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Municipal bonds
Lamb, Robert B.; Rappaport, Stephen P. - 1987 - 2. ed.
Persistent link: https://www.econbiz.de/10000725541
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The volume cap for tax-exempt private-activity bonds : state and local experience in 1989
Zimmerman, Dennis - 1990
Persistent link: https://www.econbiz.de/10000812034