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Liquidity in us fixed income markets: a comparison of the bid-ask spread in corporate, government, and municipal bond markets, staff report of the federal reserve bank of new york 73... The municipal bond spread increases in the after-tax bond yield....

général - core.ac.uk - PDF: citeseerx.ist.psu.edu

The decline in aggregate share values: inflation and taxation of the teturns from equities and owner-occupied housing," nber working paper no... In the real world, however, declines in real after—tax bond yields and the relative value of shares have been observed....

PDF: www.nber.org

The decline in aggregate share values: inflation, taxation, risk and profitability... In the real world, however, declines in real after-tax bond yields and the relative value of shares have been observed....

PDF: www.nber.org