Tax-Efficient Asset Management: Evidence from Equity
Mutual Funds NBER (2015-04-07)
Investment taxes have a
substantial impact on the performance of taxable mutual fund investors. Mutual
funds can reduce the tax burdens of their shareholders by avoiding securities
that are heavily taxed and by avoiding realizing .. more |
Financing Productivity- and Innovation-Led Growth in Developing Asia:
International Lessons and Policy Issues IIE (2015-04-07)
Growth in
developing Asia will need to rely more on improvements in productivity growth
and less on capital deepening. Although there is no single reform path to spur
productivity growth, financial system deepening is central to a .. more |
Large Capital Inflows, Sectoral Allocation, and Economic
Performance FRB (2015-04-07)
This paper describes the stylized
facts characterizing periods of exceptionally large capital inflows in a sample
of 70 middle- and high-income countries over the last 35 years. We identify 155
episodes of large capital inflows an .. more |