Financing State And Local Governments
Conference Series 3
June 14-16, 1970
The papers included in this volume were presented at
a conference sponsored by the Federal Reserve Bank of Boston
in June 1970. The conference, which brought together a distinguished group
of state and local finance specialists, was the third in a series
dealing with important issues affecting monetary policy.
Contents
Entire Proceedings (8.5MB) 
Foreword
Frank E. Morris
Revenue Sharing Revisited
Joseph A. Pechman
Revenue Sharing - A Critical View
Richard A. Musgrave and A. Mitchell Polinsky, with discussion by George F. Break
The Problem of Redistribution of Federal and State Funds
Steven J. Weiss and Robert W. Eisenmenger, with discussion by Dick Netzer
The Variable Cost Burdens of State and Local Governments
Harvey E. Brazer, with discussion by Benjamin Chinitz
The Case for Broadening the Financial Options Open to State and
Local Governments
Stanley S. Surrey and Frank E. Morris, with discussion by Arthur Levitt
The Case for the Urban Development Bank
Peter A. Lewis, with discussion by Henry C. Wallich
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