Investors' preference for a positive tax rate depends on the level of the interest rate

DOI10.1007/S11579-007-0007-XzbMath1151.91051OpenAlexW2088456690MaRDI QIDQ926393

Abel Cadenillas, Cristin Buescu

Publication date: 27 May 2008

Published in: Mathematics and Financial Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11579-007-0007-x

zbMATH Keywords

optimal stoppingtransaction costsinterest rateportfolio managementtaxes

Mathematics Subject Classification ID

Numerical analysis or methods applied to Markov chains (65C40) Stopping times; optimal stopping problems; gambling theory (60G40) Auctions, bargaining, bidding and selling, and other market models (91B26) Portfolio theory (91G10)

Cites Work

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