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Original Articles

How large is the tax clientele bias in the term structure of UK interest rates?

Pages 429-432 | Published online: 05 Oct 2010

References

  • Bank of England . 1995 . Strips and New Instruments in the Gilt-edged Market: A Consultative Paper , London : Bank of England .
  • Bank of England . 1996 . Gilts and the Gilt Market - Review 1995–1996 , London : Bank of England .
  • Bell , D. and Levin , E. 1996 . Tax Clientele Bias in the Term Structure of Interest Rates , Discussion Paper no 96/1 Stirling : Department of Economics, University of Stirling .
  • Derry , A. and Pradhan , M. 1993 . Tax Specific Term Structures of Interest Rates in the UK Government Bond Market , Bank of England Working Paper series no. 11 London : Bank of England .
  • McCulloch , J. H. 1975 . The tax-adjusted yield curve . Journal of Finance , 30 : 811 – 830 .
  • Nelson , C. R. and Siegel , A. F. 1987 . Parsimonious modelling of yield curves . Journal of Business , 60 : 473 – 489 .
  • Schaefer , S. M. 1981 . Measuring a tax-specific term structure of interest rates in the market for British Government Securities . Economic Journal , 91 : 415 – 438 .

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