Stock Market Yields and the Pricing of Municipal Bonds
收藏数据链接：
官方服务：
资源简介：
This paper proposes an alternative to the traditional model for explaining the spread between taxable and tax-exempt bond yields. This alternative model is a special case of a general class of clientele models of portfolio choice and asset market equilibrium. In particular, we consider a setting
提供机构：
美国国家经济研究局创建时间：
1996-06-01
