We provide a new explanation for cross-sectional variation in dividend tax capitalization. Our analysis is twofold. First, we conduct a theoretical analysis that shows that liquidity (illiquidity) mitigates (magnifies) the positive effect of dividend taxes on expected rates of return documented in prior literature. Second, we conduct an empirical analysis centered around the Jobs and Growth Tax...

background: spermatozoa cryopreservation is used for the management of infertility and some other medical conditions. the routinely applied cryopreservation technique depends on permeating cryoprotectants, whose toxic effects have raised the attention towards permeating cryoprotectants-free vitrification technique. objective: to compare between the application of slow cryopreservation and vitri...

The article analyzes theoretical approaches to the interpretation of economic categories’ "capital" and "capitalization". existing works scientists various schools regarding definition meaning concept "capital", their change evolution throughout history development thought were summarized systematized. analysis was carried out distribution supporters among foreign domestic given according three...

I estimate the extent to which modi cations of privately securitized mortgages increased or forgave debt during the Great Recession and aftermath, from 2008-2014. I nd that loan modi cations weakened household balance sheets by adding $20 billion to household debt, with the net amount of debt added per modi cation doubling from 2010-2014. Using a decomposition analysis, I also nd that the incre...