The Higher Equity Risk Premium Created by Taxation

1 September 2003 Financial Analysts Journal Volume 59, Issue 5

Martin L. Leibowitz, PhD

Taxation and inflation have some surprising investment effects, such as raising the equity risk premium.

Publisher Information

Association for Investment Management and Research 4 pages doi.org/10.2469/faj.v59.n5.2561 ISSN/ISBN: 0015-198X