@techreport{e3d75c9e90ef4f978445efb36bbdf09c,
title = "Short-Term and Long-Term Government Debt and Nonresident Interest Withholding Taxes",
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 pooled cross-section, time-series regressions.We find that, in general, U.S. dollar yields on national Treasury-bills and pre-tax 5-year government bond yields fully reflect 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.",
keywords = "international financial markets, national debt, taxation, interest rate",
author = "S.C.W. Eijffinger and H.P. Huizinga and J.J.G. Lemmen",
note = "Pagination: 25",
year = "1996",
language = "English",
volume = "1996-88",
series = "CentER Discussion Paper",
publisher = "Macroeconomics",
type = "WorkingPaper",
institution = "Macroeconomics",
}