operandi to analyze the time series characteristics of interest rates and to test for common features. We conduct cointegration …

This paper analyses the optimal taxation of dividends and other types of income from portfolio investment. We show that …, in an open economy, it is not desirable to offer double taxation relief for dividends paid by domestic firms to domestic … dividend income at the household level. A reduction of the tax burden on dividends is therefore merely an undesirable subsidy …

-in-differences estimation and matching methods, indicate that dividends declined somewhat in closely held corporations that faced a tax increase …