Optimal Consumption and Investment with Capital Gains Taxes

By Robert M. Dammon, Chester Spatt, Harold H. Zhang. 2001

260 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/b36ca74675127160eccbad9093b0182c98912eb6

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Citations in the corpus

Portfolio choice with internal habit formation : a life-cycle model with uninsurable labor income risk (2003, unknown): “Cocco, Gomes and Maenhout (1999), Campbell, Cocco, Gomes and Maenhout (2001), Dammon, Spatt and Zhang (2001), Cocco (2001) extend the life-cycle model of Carroll (1997) and Gourinchas and Parker (2002), in the same direction.”
A review of tax research (2010, unknown): “For a brief summary of tax and governance effects on ownership structure and patterns more generally, see Desai and Dharmapala (2008). 113 See Plesko (1995) for cross-sectional tests and Omer et al. (2000) for evidence on the choice in the natural resource industry (specifically other tax provisions”
OPTIMAL INVESTMENT UNDER RELATIVE PERFORMANCE CONCERNS (2015, background): “We refer to Pliska (1986), Cox and Huang (1989), or Karatzas, Lehoczky, and Shreve (1987) for the complete market situation, to Cvitanic and Karatzas (1992) or Zariphopoulou (1994) for constrained portfolios; to Constantinides and Magill (1976), Davis and Norman (1990), Shreve and Soner (1994), Duff”
Optimal Consumption and Portfolio Choices with Risky Housing and Borrowing Constraints (2005, unknown): “Following Dammon, Spatt, and Zhang (2001), we assume that upon an investor's death, the liquidated wealth is used to purchase an L-period annuity to pay for his beneficiary's numeraire good consumption and housing services, with the annuity factor A L defined as A L r f ð1 þ r f Þ L ð1 þ r f Þ L À…”
How do household portfolio shares vary with age? Unpub-lished working paper (2000, background): “See Dréze and Modigliani (1972), Kimball (1993), Elmendorf and Kimball (2000), and Carroll and Kimball (1996).”
Hedging, Familiarity and Portfolio Choice (2006, unknown): “Models may rely on the standard intertemporal Merton (1971) framework (Telmer 1993; Viceira 2001) as well as include limited horizon (Dammon, Spatt, and Zhang 2001) and life-cycle considerations (Campbell et al., 2001; Gomes and Michaelides, 2002).”
Solving dynamic portfolio choice problems by recursing on optimized portfolio weights or on the value function? (2007, background): “…(B) · M. W. Brandt Fuqua School of Business, Duke University, Durham, NC 27708, USA e-mail: jules.vanbinsbergen@duke.edu M. W. Brandt NBER, Cambridge, MA, 10016 USA e-mail: mbrandt@duke.edu and Lynch (1999), Brandt (1999), Barberis (2000), and Dammon, Spatt, and Zhang (2001), among many others.”