Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10000534283
Persistent link: https://www.econbiz.de/10013400704
Persistent link: https://www.econbiz.de/10000956927
Persistent link: https://www.econbiz.de/10001365797
Persistent link: https://www.econbiz.de/10000894684
We test relative illiquidity, exemplified through a temporary lock-up, as a partial explanation for the gap between theoretical and empirical weights for real estate in a multi-asset portfolio. Since asset correlations are known to increase in bear markets, reducing their diversification...
Persistent link: https://www.econbiz.de/10009558460
Persistent link: https://www.econbiz.de/10001226973
We examine how firms respond to uncertainty around U.S. tax policy changes, namely the individual level tax rate increases set to take effect on January 1, 2011 and January 1, 2013. We provide evidence that firms time the uncertainty in the tax environment and revise their dividend policy to an...
Persistent link: https://www.econbiz.de/10012993095