The Role of Federal Taxation in the Supply of Municipal Bonds: Evidence From Municipal Governments
收藏NBER1991-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3891
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资源简介：
This paper considers ways in which federal tax policy affects municipal asset and debt holdings. The tax treatment of municipal bonds and income creates an arbitrage opportunity for communities to issue tax exempt debt and invest in financial assets. I present evidence that suggests the rules in
提供机构：
美国国家经济研究局
创建时间：
1991-11-01
