A direct examination of the dividend clientele hypothesis

Article Abstract:

An empirical model of the dividend clientele hypothesis is analyzed. The analysis applies data from the 1983 Survey of Consumer Finances and considers individual portfolio sets. It is shown that investor portfolio choices are conditioned by prevailing tax rates. The relationship between portfolio choice and tax rates implies a need for considering security price data for validating the clientele hypothesis.

author: Scholz, John Karl
Dividends, Portfolio management, Investors

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The effects of financial education in the workplace: evidence from a survey of households

Article Abstract:

A survey correlates employer-supplied personal finance education with amount of personal savings.

author: Bernheim, B. Douglas, Garrett, Daniel M.
Science & research, Personal Financial Mgmt, Private Households, Management consulting services, Employee Training, Personnel Training & Consulting, Human Resources and Executive Search Consulting Services, Consumer Assets & Liabilities, Personal finance, Study and teaching, Savings

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Do estate and gift taxes affect the timing of private transfers?

Article Abstract:

Impact of high estate taxes on the transfer and bequest of personal wealth is analyzed.

author: Bernheim, B. Douglas, Scholz, John Karl, Lemke, Robert J.
Management dynamics, Management, Economic aspects, Estate tax, Estate taxes, Company business management, Legacies, Bequests

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subjects list: Research, United States
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