Chapters in this book

1. Frontmatter i
2. Relation of The Directors to The Work and Publications of The National Bureau of Economic Research vi
3. Foreword ix
4. Preface xiii
5. Contents xvii
6. Tables xxi
7. Charts xxiv
8. Summary and Conclusions 1
9. Chapter 1. Problems of the Market for State and Local Government Securities 19
10. Chapter 2. The Demand for Funds by State and Local Governments 37
11. Chapter 3. The Supply of Funds by Investors in State and Local Government Obligations 67
12. Chapter 4. The Marketing of New State and Local Government Issues 101
13. Chapter 5. The Secondary Market for State and Local Government Obligations 137
14. Chapter 6. Tax-Exempt Interest as a Cost to Borrowing Governments and as a Yield to Investors 158
15. Chapter 7. The Market for Tax-Exempt Revenue Obligations 202
16. Appendix A. Statistics of State and Local Government Debt, 1945-1956 213
17. Appendix B. Results of Conventional (Nonaccrual) Method of Computing Interest Cost Which Prevails in Competitive Bidding for State and Local Government Issues 217
18. Index 225