---
title: Private Activity Bonds as Investment Subsidy: Evidence from the 1986 Cap on Bond Volumes
url: https://www.ml-quant.com/papers/ssrn/4528286/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4528286
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4528286
featured: 2023-08-02
citations: 0
topic: Macro-Finance & Rates
---


# Private Activity Bonds as Investment Subsidy: Evidence from the 1986 Cap on Bond Volumes

The research finds that increased availability of private activity bonds leads to a rise in corporate investment and employment.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4528286
- Identifier: SSRN 4528286
- Released: 2023-08-01
- First featured: Quant Letter No. 10 (2023-08-02): https://www.ml-quant.com/issues/2023-08-02/
- Citations (Semantic Scholar): 0
- Published in: not yet
- Topic: Macro-Finance & Rates

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