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LTV regulation and housing bubbles

Chevallier, Claire Océane; El Joueidi, Sarah - 2020

Persistent link: https://www.econbiz.de/10012818364

LTV regulation and housing bubbles

Chevallier, Claire Océane; El Joueidi, Sarah - 2022

Persistent link: https://www.econbiz.de/10013337353

Portfolioauswahl bei Besteuerung realisierter Kursänderungen

Lorenz, Daniela - 2010

Persistent link: https://www.econbiz.de/10003989037

Capital gains taxes and asset prices : the impact of tax awareness and procrastination

Eichfelder, Sebastian; Lau, Mona - 2014 - Version: July 2014

We argue that the impact of capital gains taxation on asset pricing depends on the tax awareness of market participants. While institutional investors should be generally well-informed about tax regulations, private investors have only limited tax knowledge and resources. As a result, market...

Persistent link: https://www.econbiz.de/10010383736

The role of capital income for top incomes shares in Germany

Bartels, Charlotte; Jenderny, Katharina - 2014

A large literature has documented top income share series based on income tax statistics using the common methodology established by Piketty (2001, 2003). The disappearance of capital income from the income tax base in many countries poses a major challenge to the comparability of these series...

Persistent link: https://www.econbiz.de/10010429894

Capitalization of capital gains taxes : (In)attention and turn-of-the-year returns

Eichfelder, Sebastian; Lau, Mona - 2015 - Version: October 2015

We argue that the tax capitalization effect is a function of the attention of market participants. Market reactions can therefore be driven not only by the announcement dates of tax events but also by factors influencing the dissemination of tax information, such as deadlines and media reports....

Persistent link: https://www.econbiz.de/10011405098

The capital gains tax : a curse but also a blessing for venture capital investment

Bock, Carolin; Watzinger, Martin - 2017

Our study analyzes the effect of the capital gains tax on the individual investment decisions of venture capitalists. By doing so, we are able to study the decisions for a sample of 76,852 funding rounds in 32 countries from 2000 to 2012. Our results support the predictions of the theoretical...

Persistent link: https://www.econbiz.de/10011697451

Too much "skin in the game" ruins the game : evidence from managerial capital gains taxes

Bührle, Anna Theresa; Yen, Chia-Yi - 2023 - This version: August 25, 2023

Co-investment, often seen as a remedy for agency problems, may incentivize managers to cater to own preferences. We provide evidence that mutual fund managers with considerable co-investment stakes alter risk-taking decisions to prioritize their own tax interests. By exploiting the enactment of...

Persistent link: https://www.econbiz.de/10014422557

Apparent bubbles and misspecified fundamentals

Smith, Gregor W. - 1987

Persistent link: https://www.econbiz.de/10003532777

Are there bubbles in the Sterling-dollar Exchange Rate? : new evidence from Sequential ADF Tests

Bettendorf, Timo; Chen, Wenjuan - 2012

There has been mixed evidence regarding the existence of rational bubbles in the foreign exchange markets. Standard … unit root and cointegration tests are criticized for their low power to detect rational bubbles that periodically collapse …. This paper introduces recently developed sequential unit root tests into the analysis of exchange rates bubbles. Our …

Persistent link: https://www.econbiz.de/10009704893