Both of the Graduate School of Business, University of Wisconsin.
THE DIAMETRIC EFFECTS OF THE CAPITAL GAINS TAX ON THE STABILITY OF STOCK PRICES†
Article first published online: 30 APR 2012
1973 The American Finance Association
The Journal of Finance
Volume 28, Issue 4, pages 987–996, September 1973
How to Cite
Haugen, R. A. and Wichern, D. W. (1973), THE DIAMETRIC EFFECTS OF THE CAPITAL GAINS TAX ON THE STABILITY OF STOCK PRICES. The Journal of Finance, 28: 987–996. doi: 10.1111/j.1540-6261.1973.tb01420.x
The authors are indebted to an anonymous referee for an enlightening review of an earlier version of this paper and to Mr. Der-Ann Hsu for programming the computer simulation experiment.
- Issue published online: 30 APR 2012
- Article first published online: 30 APR 2012