A direct examination of the dividend clientele hypothesis
Article Abstract:
An empirical model of the dividend clientele hypothesis is analyzed. The analysis applies data from the 1983 Survey of Consumer Finances and considers individual portfolio sets. It is shown that investor portfolio choices are conditioned by prevailing tax rates. The relationship between portfolio choice and tax rates implies a need for considering security price data for validating the clientele hypothesis.
Publication Name: The Journal of Public Economics
Subject: Government
ISSN: 0047-2727
Year: 1992
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The effects of financial education in the workplace: evidence from a survey of households
Article Abstract:
A survey correlates employer-supplied personal finance education with amount of personal savings.
Publication Name: The Journal of Public Economics
Subject: Government
ISSN: 0047-2727
Year: 2003
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Do estate and gift taxes affect the timing of private transfers?
Article Abstract:
Impact of high estate taxes on the transfer and bequest of personal wealth is analyzed.
Publication Name: The Journal of Public Economics
Subject: Government
ISSN: 0047-2727
Year: 2004
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