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Dividends, Capital Gains, and the Corporate Veil: Evidence from Britain, Canada, and the United States

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NBER1989-05-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w2975
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资源简介:
This paper investigates the effects of increased cash dividend payout, and of "forced realizations~ of capital gains in corporate control transactions, on the level of aggregate consumption. The results support the proposition that investors respond differently to cash receipts from firms and to
提供机构:
美国国家经济研究局
创建时间:
1989-05-01
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