Publication Policies and Information for Authors

Editor’s Note

Municipal Bond Auctions and Borrowing Costs
Mark D. Robbins, Bill Simonsen, and Christine Rocco

The Value of the Advance Refunding Option and the Refunding Efficiency of Tax-Exempt Municipal Bonds
Wei David Zhang and Jinliang Li

Political Risk and Credit Quality
Charles Nellans, Timothy Blake, David Blair, Chris Sperry, and Joe Stewart

Pensions and Other Retirement Costs:
A Ticking Time Bomb
Joseph Mason, Keith Brainard, Larry Langer, Parry Young, and Anne G. Ross

Accounting Developments:
GASB Update
Catherine L. Staples