Income taxation, wealth effects, and uncertainty: portfolio adjustments with isoelastic utility and discrete probability

DOI10.1016/J.ECONLET.2015.07.006zbMATH Open1394.91296OpenAlexW3123765929MaRDI QIDQ1663954FDOQ1663954

Authors: Theodore S. Sims 

Publication date: 24 August 2018

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://scholarship.law.bu.edu/faculty_scholarship/381

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zbMATH Keywords

uncertaintyportfolio choiceincome taxationcash-flow taxationtaxation and risk

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Cites Work

• The Effects of Income, Wealth, and Capital Gains Taxation on Risk-Taking
• Portfolio Theory, Asset Demand and Taxation: Comparative Statics with Many Assets

Cited In (3)

• TAXING CAPITAL INCOME AS PIGOUVIAN CORRECTION: THE ROLE OF DISCOUNTING THE FUTURE
• Capital gains taxation and the lock-in effect: A probabilistic framework
• On the effects of differentiated income taxation on portfolio selection

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