Capital Gains Tax Rules, Tax Loss Trading and Turn-of-The-Year Returns

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Predicting stock price movements from past returns: The role of consistency and tax-loss selling (2004, background): “Poterba and Weisbenner (2001) analyze how returns in the first few trading days of January vary with changes in the holding period definition of short-and long-term gains, as well as changes in the dollar limit on losses used to offset adjusted gross income.”
Is Size Dead? A Review of the Size Effect in Equity Returns (2011, unknown): “Poterba and Weisbenner (2001) find that changes in the capital gains tax rule affect the pattern of turn-of-the-year returns.”
Tax-Loss Selling and the January Effect: Evidence from Municipal Bond Closed-End Funds (2006, background): “…find evidence of a January effect in noninvestment grade bonds, but no evidence of a January effect in investment grade bonds or in Treasury bonds. hand, Sias and Starks (1997) and Poterba and Weisbenner (2001) document evidence consistent with the tax- loss-selling hypothesis in the equity market.”
Empirical Tax Research in Accounting (2001, background): “Similarly, Poterba and Weisbrenner (2001) revisit the January effect and show that from 1970 to 1978, the prices of equities that had declined during the capital gains holding period (six months at that time) rebounded following year-end.”