haku: @author Lai, T. Y. / yhteensä: 1
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| Tekijä: | Lai, T. Y. |
| Otsikko: | An equilibrium model of asset pricing with progressive personal taxes. |
| Lehti: | Journal of Financial and Quantitative Analysis
1989 : MAR, VOL. 24:1, p. 117-127 |
| Asiasana: | CAPITAL ASSET PRICING INCOME TAX |
| Kieli: | eng |
| Tiivistelmä: | An examination of how the progressive personal tax rate affects the equilibrium asset pricing model, using covariance and a capital asset pricing model. Notations and assumptions. The economic environment and dynamics. An intertemporal asset pricing model under progressive tax structure. The implications for empirical research. |
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