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