Real estate for the long term: the effect of return predictability on long‐horizon allocations

GH MacKinnon, A Al Zaman - Real Estate Economics, 2009 - Wiley Online Library
We examine how the predictability of real estate returns affects the risk of, and optimal allocations
to, real estate for investors of differing investment horizons. Returns to direct real estate …

The effect of supply chain power on bank financing

MM Rahaman, PR Rau, A Al Zaman - Journal of Banking & Finance, 2020 - Elsevier
Using comprehensive bank-loan contract information, we show that the power of a firm
relative to its suppliers eases its terms of bank financing, specifically through lower loan prices …

Resolving the presidential puzzle

O Sy, A Al Zaman - Financial Management, 2011 - Wiley Online Library
Many financial economists are puzzled by the fact that stock returns are higher under
Democratic than Republican presidencies. In this paper, we test whether this return differential is …

Management quality and the cost of debt: Does management matter to lenders?

MM Rahaman, A Al Zaman - Journal of Banking & Finance, 2013 - Elsevier
This paper investigates the effect of organizational capital, typified by various management
practices within a firm, on the cost of external debt financing. Using a sample of medium-…

Overselling corporate social responsibility

…, W Hu, MM Rahaman, AA Zaman - Financial Management, 2023 - Wiley Online Library
We show that firms hype up their corporate social responsibility (CSR) narratives during the
turn‐of‐the‐year earnings conference calls to project an overly responsible public image of …

Distributional impacts of Canada's tax-free savings accounts

AA Zaman - Canadian Public Policy, 2017 - utpjournals.press
Since 2009, Canadians have had the opportunity to contribute to tax-free savings accounts (TFSAs).
This study provides insight into the attributes of TFSA participants. I use data from …

Reconsidering IRA and Roth IRA: Keeping bequests and other options in mind

A Al Zaman - The Journal of Wealth Management, 2008 - search.proquest.com
The notion that the traditional IRA savings plan is superior to the Roth IRA is widely accepted,
with some qualifications. Given the diversity of savers' financial goals and needs, however, …

Tax-Adjusted Portfolio Optimization and Asset Location: Extensions and Synthesis

SM Horan, A Al Zaman - The Journal of Wealth Management, 2008 - search.proquest.com
Abstract Models developed in a pretax framework do not necessarily apply in an after-tax
framework, and this notion certainly applies to portfolio optimization. This article derives …

Is the presidential premium spurious?

O Sy, A Al Zaman - Journal of Empirical Finance, 2020 - Elsevier
A hotly debated question in finance is whether the higher stock returns under Democratic
presidencies relative to Republican presidencies represent abnormal return, risk premium, or …

[PDF][PDF] IRAs under progressive tax regimes and income growth

SM Horan, A Al Zaman - Financial Services Review, 2009 - Citeseer
Ashraf Al Zaman Department of Finance Saint Mary’s University Halifax, Nova Scotia –
B3H 3C3 Canada Phone: (902) 491-6272 Fax: (902) 496-8101 E-mail: ashraf.zaman@smu.ca …