Explaining the Yield Spread between Taxable and Tax-exempt Bonds : The Role of Expected Tax Policy

Poterba, James M

Explaining the Yield Spread between Taxable and Tax-exempt Bonds : The Role of Expected Tax Policy

(706 K)

James M. Poterba

Chapter in NBER book Studies in State and Local Public Finance (1986), Harvey S. Rosen, ed. (p. 5 - 52)
Published in 1986 by University of Chicago Press
© 1986 by the National Bureau of Economic Research

This paper is available as PDF (706 K) or via email.

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James Poterba is President of the National Bureau of Economic Research. He is also the Mitsui Professor of Economics at M.I.T.

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Explaining the Yield Spread between Taxable and Tax-exempt Bonds : The Role of Expected Tax Policy

James M. Poterba

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