Asefa, Sally A.; Adams, Roy D.; Starleaf, Dennis R. - In: Public Finance Review 9 (1981) 3, pp. 271-280
This article reviews the theory of individual preferences between tax and bond finance of municipal expenditures and tests the hypotheres that cities' borrowing will vary in relation to the cities' capital expenditures, median income, bond rating, and the population level, growth, mobility, and...