Public and Environmental Affairs | Seminar in Public Capital & Debt Theory
V667 | 13923 | Johnson, C


SPEA–V 667 Seminar in Public Capital and Debt Theory (3 cr.) P: SPEA-
V 560. C: SPEA-V 560.

This seminar examines the options open to governments, especially
state and local, and why they resort to debt finance. The issues
raised by the alternatives are examined in detail. Among the topics
are public authority debt, revenue bonds, methods of placement,
lease-purchase finance, and maturity choice. In addition, management
of idle cash balances will be considered.