Zobrazeno 1 - 10
of 13
pro vyhledávání: '"Woodrow T. Johnson"'
Autor:
James M. Poterba, Woodrow T. Johnson
Publikováno v:
Prof. Poterba
axable investors who are considering purchasing mutual fund shares around the dates when a mutual fund is planning a taxable distribution can reduce the present discounted value of their tax liability by delaying their purchase until after the distri
The effect of pension design on employer costs and employee retirement choices: Evidence from Oregon
Publikováno v:
Journal of Public Economics. 116:17-34
Oregon's Public Employees Retirement System (PERS) is a rich setting in which to study the effect of pension design on employer costs and employee retirement-timing decisions. PERS pays retirees the maximum benefit calculated using three formulas tha
Autor:
Lemma W. Senbet, Hany A. Shawky, Rich Evans, Russ Wermers, Robert H. Smith, Haluk, Erik R. Sirri, Christopher Faugere, Bing Liang, David R. Gallagher, Michele Gambera, Chester S. Spatt, Woodrow T. Johnson, Mila Getmansky Sherman, Simon Gervais, Andrew Metrick, Eric Hughson, Bill Ding
Publikováno v:
SSRN Electronic Journal.
This paper conducts a comprehensive analysis of the relation between the performance and governance structure of open-end, domestic-equity mutual funds during the 1985 to 2002 period. We show that experienced large-fund portfolio managers outperform
Autor:
Brian K. Reid, Woodrow T. Johnson
Publikováno v:
SSRN Electronic Journal.
We analyze a new database of individual shareholders sampled from 14 large mutual fund families in order to test whether mutual fund shareholders engage in one-stop shopping. The distribution of the amount of money shareholders invest with the fund f
Autor:
Woodrow T. Johnson
Publikováno v:
SSRN Electronic Journal.
This study tests whether investors trade uniformly through time by analyzing the quarter-by-quarter trading decision of individual shareholders in one no-load mutual fund family over nearly six years. These shareholders' trading probabilities change
Autor:
Woodrow T. Johnson
Publikováno v:
SSRN Electronic Journal.
This study tests whether mutual fund shareholders continue to trade in response to fund returns after they make their initial investment in fund shares. It decomposes the relationship between fund returns and shareholder flow in a large, proprietary
Autor:
James M. Poterba, Woodrow T. Johnson
Capital gain distributions by mutual funds generate tax liability for taxable shareholders, thereby reducing their after-tax returns. Taxable investors who are considering purchasing fund shares around distribution dates have an incentive to delay th
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::6b966b67ff2e81fc09b4475ed651a060
https://doi.org/10.3386/w13884
https://doi.org/10.3386/w13884
Autor:
Woodrow T. Johnson, James M. Poterba
Publikováno v:
SSRN Electronic Journal.
Capital gain distributions by mutual funds generate tax liability for taxable shareholders, thereby reducing their after-tax returns. Taxable investors who are considering purchasing fund shares around distribution dates have an incentive to delay th
Autor:
Woodrow T. Johnson, Brian K. Reid
Publikováno v:
SSRN Electronic Journal.
Autor:
Woodrow T. Johnson, James M. Poterba
Publikováno v:
SSRN Electronic Journal.