---
title: Asset Prices and Tax Uncertainty
url: https://www.ml-quant.com/papers/ssrn/4933467/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4933467
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4933467
featured: 2024-08-28
citations: unknown
topic: Asset Pricing & Factors
---


# Asset Prices and Tax Uncertainty

The research shows that uncertain tax policies, imperfect intergenerational risk sharing, and recursive preferences can lead to significant equity premiums, creating endogenous aggregate risk.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4933467
- Identifier: SSRN 4933467
- Released: 2024-08-22
- First featured: Quant Letter No. 63 (2024-08-28): https://www.ml-quant.com/issues/2024-08-28/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Asset Pricing & Factors

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