We examine stock prices and the number of stocks traded around ex-dividend dates of German stocks with tax …-free dividend. Tax-free dividends are temporarily tax-exempt, as they reduce the initial purchasing price of a stock. With our … empirical results indicate that ex-date prices decline, on average, by the amount of the dividend. We do not find a significant …

Mabbett -- The transformations of the regulatory state / Giandomenico Majone -- De-regulation and re-regulation of public … market : the UK experiment / Peter Taylor-Gooby -- Back to the state? : the public policies of private and public pensions in … / Ulrike Davy -- Policies of the EU towards occupational pensions : limits to regulation / Markus Haverland -- The regulatory …