TAX POLICY AND STOCK PRICES
نویسندگان
چکیده
منابع مشابه
Corporate Social Responsibility, Stocks Prices and Tax Policy
We model a capital market in which some proportion of investors get utility from owning firms that undertake spending on corporate social responsibility (CSR). We also assume different categories of firms: those with good CSR fundamentals and those with poor CSR fundamentals. We develop an equilibrium in which investors’ CSR considerations influence their financial portfolio decisions, influenc...
متن کاملStock prices and house prices: Which one affects the other?
Stocks and houses as two major assets which play important role in the balance sheet of Iranian households. Changes in two markets have a large influence on wealth and the general economy. The purpose of this study is to examine the relationship between stock and house prices over a thirty-year period using vector auto-regression (VAR). Using yearly data for the period from 1985 to 2013, we con...
متن کاملMonetary Policy and Stock Prices in a DSGE Framework
Is the Federal Reserve at all concerned with stock market performance, as the observation of its recent conduct might seem to suggest? Is there a theoretical scope for such a concern? This paper addresses both questions, presenting and estimating a small structural model that provides a theoretical rationale for looking at equity prices in conducting Monetary Policy. The focus is on the effects...
متن کاملTechnological Revolutions and Stock Prices
During technological revolutions, stock prices of innovative firms tend to exhibit high volatility and bubble-like patterns, which are often attributed to investor irrationality. We develop a general equilibrium model that rationalizes the observed price patterns. The high volatility results from high uncertainty about the average productivity of a new technology. Investors learn about this pro...
متن کاملForecasting UK stock prices
The Vector Autoregressive (VAR) model, the Error Correction Model (ECM), and the Kalman Filter Model (KFM) are used to forecast UK stock prices. The forecasting performance of the three models is compared using out of sample forecasting. The results show that the forecasting performance of the ECM is better than that of the VAR and the KFM, and that the VAR performs a forecasting better than th...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: National Tax Journal
سال: 1987
ISSN: 0028-0283,1944-7477
DOI: 10.1086/ntj41788656