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Savings Promotion, Investment Promotion, and International Competitiveness
16 references·1 citing·44 second hop
Savings Promotion, Investment Promotion, and International Competitiveness (1988)Savings Promotion, Investment Promotion, …Board of Governors of the Federal Reserve System (2001)Board of Governors of the Fed…The Consumption-Based Capital Asset Pricing Model (1989)The Consumption-Based Capital…Tax Policy, Asset Prices, and Growth: A General Equilibrium Analysis (1987)Tax Policy, Asset Prices, and…Money in the utility function: an empirical implementation (1987)Money in the utility function…Tax Policy and International Competitiveness (1986)Tax Policy and International …Money in the Utility Function: An Empirical Implementation (1986)Money in the Utility Function…Coordination of Monetary and Fiscal Policies in the OECD (1986)Coordination of Monetary and …The taxation of capital income in an open economy: the importance of resident-nonresident tax treatment (1985)The taxation of capital incom…The equity premium: A puzzle (1985)The equity premium: A puzzleThe Economic Effects of Dividend Taxation (1984)The Economic Effects of Divid…International Portfolio Choice and Corporation Finance: A Synthesis (1983)International Portfolio Choic…Negative net foreign asset positions and stability in a world portfolio balance model (1982)Negative net foreign asset po…The Current Account and Macroeconomic Adjustment in the 1970s (1981)The Current Account and Macro…Taxation and Corporate Investment: A q-Theory Approach (1981)Taxation and Corporate Invest…Balance of Payments and the Foreign Exchange Market: A Dynamic Partial Equilibrium Model (1981)Balance of Payments and the F…Dynamic Adjustment in the Heckscher-Ohlin-Samuelson Model (1978)Dynamic Adjustment in the Hec…Fiscal policy, the terms of trade, and the external balance (1992)Fiscal policy, the terms of t…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)An Intertemporal Capital Asset Pricing Model (1973)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Equilibrium asset prices and exchange rates (1995)Rational Equilibrium Asset-Pricing Bubbles in Continuous Trading Models (2000)Equilibrium in Continuous-Time Financial Markets: Endogenously Dynamically Complete Markets (2008)Domestic Savings and International Capital Flows (1979)Debt with Potential Repudiation: Theoretical and Empirical Analysis (1981)Ricardian equivalence, twin deficits, and the Feldstein–Horioka puzzle in Egypt (2007)Optimization in R&D intensity and tax on corporate profits for supporting labor productivity of nations (2017)Fiscal Policies for Development and Climate Action (2018)A Three-Factor Model in Theory, Trade and History (1971)Short-Run and Long-Run Equilibrium for a Small Open Economy (1974)Tariffs and the Distribution of Income: The Importance of Factor Specificity, Substitutability, and Intensity in the Short and Long Run (1974)Efficiency and Equalization Payments in a Federal System of Government: A Synthesis and Extension of Recent Results (1982)Of Hype and Hyperbolas: Introducing the New Economic Geography (2001)Does Geographical Agglomeration Foster Economic Growth? And Who Gains and Loses from It? (2003)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Time‐Varying World Market Integration (1995)Value versus Growth: The International Evidence (1998)Home Bias at Home: Local Equity Preference in Domestic Portfolios (1999)The cost of capital, corporation finance and the theory of investment (2008)Dividend Policy, Growth, and the Valuation of Shares (1961)A General Equilibrium Approach To Monetary Theory (1969)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)Tax reforms and investment: A cross-country comparison (1996)Taxes, Leverage, and the Cost of Equity Capital (2006)Capital Tax Reform and the Real Economy: The Effects of the 2003 Dividend Tax Cut (2015)Asset Prices in an Exchange Economy (1978)Time to Build and Aggregate Fluctuations (1982)Noise Trader Risk in Financial Markets (1990)Efficient Capital Markets: II (1991)ARCH modeling in finance (1992)Chapter 15 The specification and influence of asset markets (1985)A Global Perspective on External Positions (2005)Real Business Cycles in a Small Open Economy (1991)Financing Investment (2001)Corporate social responsibility and access to finance (2013)Explaining saving-investment correlations (1993)Capital Account Liberalization: What Do Cross-Country Studies Tell Us? (2001)Relationships between oil price shocks and stock market: An empirical analysis from China (2008)A Demand System Approach to Asset Pricing (2018)Does Climate Change Affect Real Estate Prices? Only If You Believe In It (2018)The Economic Impacts of COVID-19: Evidence from a New Public Database Built Using Private Sector Data (2020)
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References

  • 1985The equity premium: A puzzle5,785 cited
  • 1983International Portfolio Choice and Corporation Finance: A Synthesis1,447 cited
  • 2001Board of Governors of the Federal Reserve System1,130 cited
  • 1981The Current Account and Macroeconomic Adjustment in the 1970s774 cited
  • 1981Taxation and Corporate Investment: A q-Theory Approach754 cited
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  • 1978Dynamic Adjustment in the Heckscher-Ohlin-Samuelson Model206 cited
  • 1986Tax Policy and International Competitiveness203 cited
  • 1989The Consumption-Based Capital Asset Pricing Model186 cited
  • 1981Balance of Payments and the Foreign Exchange Market: A Dynamic Partial Equilibrium Model151 cited
  • 1987Tax Policy, Asset Prices, and Growth: A General Equilibrium Analysis131 cited
  • 1987Money in the utility function: an empirical implementation107 cited
  • 1982Negative net foreign asset positions and stability in a world portfolio balance model100 cited
  • 1985The taxation of capital income in an open economy: the importance of resident-nonresident tax treatment70 cited
  • 1986Money in the Utility Function: An Empirical Implementation46 cited

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  • 1986Coordination of Monetary and Fiscal Policies in the OECD34 cited
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    • 1992Fiscal policy, the terms of trade, and the external balance20 cited