Book/Printed Material Tax changes and asset pricing time-series evidence

Title

• Tax changes and asset pricing time-series evidence

Summary

• "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 significant relationship between asset valuations and personal tax rates. Consistent with tax capitalization, stock valuations tend to be relatively low when tax burdens are relatively high"--National Bureau of Economic Research web site.

Names

• Sialm, Clemens
• National Bureau of Economic Research

Created / Published

• Cambridge, MA : National Bureau of Economic Research, c2005.

Headings

• -  Securities--Taxation--United States
• -  Stocks--Prices--United States
• -  Time-series analysis

Notes

• -  Title from PDF file as viewed on 12/8/2005.
• -  Includes bibliographical references.
• -  Also available in print.
• -  Mode of access: World Wide Web.
• -  System requirements: Adobe Acrobat Reader.

Call Number/Physical Location

• HB1

Digital Id

• https://hdl.loc.gov/loc.gdc/gdcebookspublic.2005620582
• http://papers.nber.org/papers/W11756 External

Library of Congress Control Number

• 2005620582

Access Advisory

• Unrestricted online access

Online Format

• image
• pdf

LCCN Permalink

• https://lccn.loc.gov/2005620582

Additional Metadata Formats

• MARCXML Record
• MODS Record
• Dublin Core Record