Capitalization of Capital Gains Taxes: Evidence from Stock Price Reactions to the 1997 Rate Reduction
收藏NBER1999-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w6885
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资源简介：
We empirically document that stock prices moved inversely with dividend yields during the May, 1997 week, when the White House and Congress agreed on a budget accord that included a reduction in the capital gains tax rate. The share prices of firms not currently paying dividends increased
提供机构：
美国国家经济研究局
创建时间：
1999-01-01
