point, conditional on the state variables of the model, short-term implied dividends are "cash-like" (constant) and long …-term dividends are "proportional".Our approach is based on a general representation for dividend paying stocks where we prove that … discounted) dividends under the risk-neutral measure.This note summarizes results presented in 2012 at Global Derivatives. We …

the value of broad-based market indices and their dividends. We also show that this relationship is consistent with …

bubbles occur pay dividends after each trading day. In this paper we study whether bubbles can occur in markets without … dividends. We investigate the role of two features that are present in real markets. (1) The mere possibility that some traders … without dividends. Surprisingly, communication turns out to be counterproductive for bubble formation, whereas the possibility …

dividend as long as capital gains are not heavily discriminated by taxation in relation to dividends. The positive price effect … of dividends can be enhanced if the firm implements a dividend reinvestment plan (DRIP). …

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

results in a significant decrease in the level of corporate dividends and, at the same time, into an increase in share … repurchases. Yet, few suggestions have been made on how to account for dividends in SOPs. This paper applies arguments from …