The Relationship Between Government Financial Condition and Expected Tax Rates Reflected in Municipal Bond Yields
Sangkyun Park
National Tax Journal, 1997, vol. 50, issue 1, 23-38
Abstract:
Analyzes the United States government's financial position (measured by debt, budget deficits, and inflation, 1965-1994) to determine links between expected changes in tax rates implied by yields on short-term and long-term municipal bonds. Also discusses relationships between expected tax rate and the federal debt.
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:ntj:journl:v:50:y:1997:i:1:p:23-38
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