Thornton Matheson
Biographic Data
| ID | 6037638 |
|---|---|
| NAME | Thornton Matheson |
| GIVEN NAMES | Thornton |
| FAMILY NAME | Matheson |
| SIGNATURE | MATHESON T |
| AFFILIATIONS | United States Department of the Treasury |
| ORCID | 0000-0001-7748-4718 |
| VERIFIED | Yes |
| TOTAL WORKS | 3 |
| TOTAL CITATIONS | 0 |
| AUTHOR COUNT | 3 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2003 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 0 |
The Impact of the Tax Cuts and Jobs Act on Foreign Investment in the United States
The 2017 Tax Cuts and Jobs Act (TCJA) slashed corporate tax rates on equity-financed investments while raising them sharply on debt-financed investment. This study examines the tax reform's impact on the volume and composition of U.S. inbound foreign investment during 2014-2019 using regression analysis of bilateral effective average and marginal tax rates. We find that TCJA affected inbound investment, especially incre-mental investment by exist…
The Effect of a Low-Rate Transaction Tax on a Highly Liquid Market
This paper studies the effect of the U.S. Securities and Exchange Commission's R31 fees, a low-rate transaction tax, on large-capitalization U.S. stock trading. The SEC altered the fee rate 15 times between 2001 and 2010, creating a series of natural experiments with which to measure the effect of transaction costs on trading volume and volatility. The main finding is a negative relationship between the SEC fee and the price volatility of stocks …
Market-Mobilized Capital
No prominent works on this page.
Market-Mobilized Capital
The Effect of a Low-Rate Transaction Tax on a Highly Liquid Market
This paper studies the effect of the U.S. Securities and Exchange Commission's R31 fees, a low-rate transaction tax, on large-capitalization U.S. stock trading. The SEC altered the fee rate 15 times between 2001 and 2010, creating a series of natural experiments with which to measure the effect of transaction costs on trading volume and volatility. The main finding is a negative relationship between the SEC fee and the price volatility of stocks …
The Impact of the Tax Cuts and Jobs Act on Foreign Investment in the United States
The 2017 Tax Cuts and Jobs Act (TCJA) slashed corporate tax rates on equity-financed investments while raising them sharply on debt-financed investment. This study examines the tax reform's impact on the volume and composition of U.S. inbound foreign investment during 2014-2019 using regression analysis of bilateral effective average and marginal tax rates. We find that TCJA affected inbound investment, especially incre-mental investment by exist…
Corporate Finance and Governance (2 works) · Economics (2 works) · Monetary economics (2 works) · Ad valorem tax (1 works) · Auditing, Earnings Management, Governance (1 works) · Banking stability, regulation, efficiency (1 works) · Business (1 works) · Capital (architecture) (1 works) · Capital adequacy ratio (1 works) · Capital allocation line (1 works)