Zobrazeno 1 - 10
of 13
pro vyhledávání: '"Robert M. Dammon"'
Autor:
Robert M. Dammon, Chester S. Spatt
Publikováno v:
Annual Review of Financial Economics. 4:411-429
Taxes have a first-order effect on investors' trading decisions and portfolio choices and on the equilibrium pricing of assets. In this review, we investigate how certain features of the tax code impact investors and asset markets. We begin by consid
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::9c05b4501a6f3973c0f0549e45e223d2
https://doi.org/10.1146/annurev-financial-110311-101819
https://doi.org/10.1146/annurev-financial-110311-101819
Autor:
Chester S. Spatt, Robert M. Dammon
Publikováno v:
Review of Financial Studies. 9(3):921-52
This article explores the optimal trading and pricing of taxable securities with asymmetric capital gains taxes and transaction costs. In the long-term region, investors realize all gains below some critical cutoff level, which we derive analytically
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::6c96ba45fd3eb6ab522cd2d6c9f5beee
http://www.jstor.org/fcgi-bin/jstor/listjournal.fcg/08939454
http://www.jstor.org/fcgi-bin/jstor/listjournal.fcg/08939454
Publikováno v:
SSRN Electronic Journal.
The paper explores a rich example of the importance of tax options for investment management. Starting in 2010, all individuals, regardless of income level, can convert their “traditional IRAs” into “Roth IRAs” by paying ordinary income tax o
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::ee624057c838b6b4ecefeec8d5df8eb7
https://doi.org/10.2139/ssrn.1786917
https://doi.org/10.2139/ssrn.1786917
Autor:
Robert M. Dammon, Chester S. Spatt
Publikováno v:
The Journal of Finance. 47:331-347
Many firms with dividend reinvestment plans also allow their shareholders to voluntarily invest supplemental funds to purchase additional shares. The purchase price for newly-issued shares often is determined by the average stock price over a prespec
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::7f6dcc6be5c589ba376d1330df6f9998
https://doi.org/10.1111/j.1540-6261.1992.tb03988.x
https://doi.org/10.1111/j.1540-6261.1992.tb03988.x
Publikováno v:
SSRN Electronic Journal.
In this project the principal investigators plan to explore the impact of Roth IRA investing upon optimal asset location as well as the value of various types of tax-deferred wealth. The interest in Roth IRAs is likely to accelerate with the eliminat
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::630fb608fc1020d32cb4c54362b00d8e
https://doi.org/10.2139/ssrn.1448798
https://doi.org/10.2139/ssrn.1448798
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::5296a1c9c28aa020200d8f6b882809ca
https://doi.org/10.2139/ssrn.1228541
https://doi.org/10.2139/ssrn.1228541
Publikováno v:
SSRN Electronic Journal.
We examine how financial theory and economic principles offer guidance and predictions about the organization of investments and asset allocation decisions given the structure of taxes in estate - planning situations. We provide insight about many of
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::6401390ed4f46c92e8cf489129b7c502
https://doi.org/10.2139/ssrn.647846
https://doi.org/10.2139/ssrn.647846
Publikováno v:
SSRN Electronic Journal.
This article characterizes optimal dynamic consumption and portfolio decisions in the presence of capital gains taxes and short-sale restrictions. The optimal decisions are a function of the investor’s age, initial portfolio holdings, and tax basis
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::8f4d7ec9a172f41c22ea7982648c6446
https://doi.org/10.2139/ssrn.282756
https://doi.org/10.2139/ssrn.282756
Publikováno v:
SSRN Electronic Journal.
We examine the impact of capital gains taxes upon the structure of an investor's optimal portfolio in the presence of multiple risky assets. Our numerical solutions suggest that the diversification benefits of reducing the exposure to a highly volati
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ba4a6ff1e1524c5dd258a43a8e5dfca7
https://doi.org/10.2139/ssrn.281663
https://doi.org/10.2139/ssrn.281663
Autor:
Robert M. Dammon, Peter Bossaerts
This article derives testable restrictions on equilibrium asset prices when investors have the option to time the realization of their capital gains and losses for tax purposes. The tax-timing option alters both the magnitude and timing of equity ret
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::520f4791cb37bc6a80f061b1afbc0768
https://resolver.caltech.edu/CaltechAUTHORS:20170901-140958677
https://resolver.caltech.edu/CaltechAUTHORS:20170901-140958677
