Examining the Rural Municipal Bond Market

Patrick J. Sullivan

No 333783, Rural Development Research Reports from United States Department of Agriculture, Economic Research Service

Abstract: Nonmetro governments have increased their reliance on long-term borrowing faster over the last two decades than metro governments have. However, outstanding per capita debt for nonmetro areas is still lower. Current budget cuts make Federal assistance to local governments scarce. Therefore, the municipal bond market may become a more important method for rural governments to finance the construction of public facilities.

Keywords: Community/Rural/Urban Development; Financial Economics; Marketing; Public Economics (search for similar items in EconPapers)
Pages: 48
Date: 1983-01
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ersrdr:333783

DOI: 10.22004/ag.econ.333783

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