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Tax-aware dynamic asset allocation

Authors :
Haugh, Martin
Iyengar, Garud
Wang, Chun
Source :
Operations Research. July-August, 2016, Vol. 64 Issue 4, p849, 18 p.
Publication Year :
2016

Abstract

We consider dynamic asset allocation problems where the agent is required to pay capital gains taxes on her investment gains. These are very challenging problems because the tax owed whenever [...]

Details

Language :
English
ISSN :
0030364X
Volume :
64
Issue :
4
Database :
Gale General OneFile
Journal :
Operations Research
Publication Type :
Periodical
Accession number :
edsgcl.460448166
Full Text :
https://doi.org/10.1287/opre,2016.1517