Optimal Bond Trading with Personal Taxes: Implications for Bond Prices and Estimated Tax Brackets and Yield Curves
收藏NBER1983-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w1184
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资源简介：
The assumption that bondholders follow either a buy-and-hold or a continuous realization trading policy, rather than the optimal trading policy,is at variance with reality and, as we demonstrate, may seriously bias the estimation of the yield curve and the implied tax bracket of the marginal
提供机构：
美国国家经济研究局
创建时间：
1983-08-01
