Short-Term and Long-Term Government Debt and Nonresident Interest Withholding Taxes
Harry Huizinga,
Jan Lemmen and
Sylvester Eijffinger
FMG Discussion Papers from Financial Markets Group
Abstract:
This paper examines the incidence of nonresident interest withholding taxes in the international 3-month Treasury-bill market and the international 5-year government bond market. The approach is one of the pooled cross-section, time-series regressions. The evidence suggests that the yields on national Treasury-bill and on 5-year government bonds fully reflect the nonresident interest withholding taxes imposed on American or Japanese investors. Nonresident interest withholding taxes on short-term and long-term government debt thus do not appear to be borne by the international investor.
Date: 1997-09
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http://www.lse.ac.uk/fmg/workingPapers/discussionPapers/fmg_pdfs/dp275.pdf (application/pdf)
Related works:
Journal Article: Short-term and long-term government debt and nonresident interest withholding taxes (1998) 
Working Paper: Short-term and long-term government debt and non resident interest witholding taxes (1998) 
Working Paper: Short-term and long-term government debt and non-resident interest withholding taxes (1997) 
Working Paper: Short-Term and Long-Term Government Debt and Nonresident Interest Withholding Taxes (1996) 
Working Paper: Short-Term and Long-Term Government Debt and Nonresident Interest Withholding Taxes (1996) 
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Persistent link: https://EconPapers.repec.org/RePEc:fmg:fmgdps:dp275
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