... interest rates. Richard Cebula can be contacted at: dr.richardcebula@gmail.com 14 01 2019 14 01 2019 07 05 2019 © Emerald Publishing Limited 2019 Emerald Publishing Limited Licensed re-use rights only Tax evasion Bond interest rates Deficits Money and Interest...

...Richard Cebula; Usha Nair-Reichert Purpose This study investigates the impact of federal income tax rates and budget deficits on the nominal interest rate yield on high-grade municipal tax-free bonds (municipals) in the US. The 58-year study period covers the years 1959 through 2016 and thus...

...Don Capener; Richard Cebula; Fabrizio Rossi Purpose To investigate the impact of the federal budget deficit (expressed as a per cent of the Gross Domestic Product, GDP) in the US on the ex ante real interest rate yield on Moody’s Baa-rated corporate bonds and to provide evidence...

... Efficiency Act of 1994. Finally, there also is evidence that higher federal budget deficits elevated the bank failure rate. Design/methodology/approach After modeling the bank failure rate as a function of financial/economic variables and banking legislation, the times series from 1970 to 2014...

... and the Moody’s BAA-rated corporate bonds, while being a decreasing function of the monetary base as a per cent of gross domestic product (GDP) and net financial capital inflows as a per cent of GDP. Finally, additional estimates reveal that the higher the budget deficit as a per cent of GDP, the higher the ex...