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Taxes, Capital Gains Realizations, and Revenues: A Critical Review and Some New Results

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  • Mariger, Randall P.

Abstract

Reviews the current state of research on the relationship between capital gains realization and the capital gains tax rate and offers a theoretical framework to guide future empirical research. Concludes that realizations are probably quite responsive to the tax rate in the short run, but that little is known about the long-run response.

Suggested Citation

  • Mariger, Randall P., 1995. "Taxes, Capital Gains Realizations, and Revenues: A Critical Review and Some New Results," National Tax Journal, National Tax Association;National Tax Journal, vol. 48(3), pages 447-462, September.
    • Handle: RePEc:ntj:journl:v:48:y:1995:i:3:p:447-62
    DOI: 10.1086/NTJ41789161
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    References listed on IDEAS

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    1. Kiefer, Donald W., 1990. "Lock-In Effect Within a Simple Model of Corporate Stock Trading," National Tax Journal, National Tax Association, vol. 43(1), pages 75-94, March.
    2. Poterba, James M., 1987. "How burdensome are capital gains taxes?: Evidence from the United States," Journal of Public Economics, Elsevier, vol. 33(2), pages 157-172, July.
    3. Martin Feldstein & Joel Slemrod & Shlomo Yitzhaki, 1980. "The Effects of Taxation on the Selling of Corporate Stock and the Realization of Capital Gains," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 94(4), pages 777-791.
    4. Kiefer, Donald W., 1990. "Lock-in Effect Within a Simple Model of Corporate Stock Trading," National Tax Journal, National Tax Association;National Tax Journal, vol. 43(1), pages 75-94, March.
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    Cited by:

    1. Viard, Alan D., 2000. "Dynamic asset pricing effects and incidence of realization-based capital gains taxes," Journal of Monetary Economics, Elsevier, vol. 46(2), pages 465-488, October.
    2. Goode, Richard, 1997. "The National Tax Journal in 1948-50 and 1994-96," National Tax Journal, National Tax Association;National Tax Journal, vol. 50(4), pages 707-718, December.

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