Tax Changes and Asset Pricing: Time-Series Evidence
收藏数据链接:
官方服务:
资源简介:
The effective tax rate on equity securities has fluctuated considerably in the U.S. between 1917-2004. This study investigates whether personal taxes on equity securities are related to stock valuations using the time-series variation in tax burdens. The paper finds an economically and statistically
提供机构:
美国国家经济研究局创建时间:
2005-11-01



