Term Structure Multiplicity and Clientele in Markets with Transactions Costs and Taxes

• 1 September 1988
• journal article
• Published by JSTOR in The Journal of Finance
• Vol. 43  (4) , 893-911
• https://doi.org/10.2307/2328142

Abstract

Keywords

• TRANSACTIONS COSTS
• COSTS AND TAXES
• CLIENTELE
• INVESTORS
• REALISTIC TRANSACTIONS
• ARBITRAGE
• TERM STRUCTURE MULTIPLICITY