Thomas J. Brennan

Harvard Law School

Professor

1557 Massachusetts Ave

6 Ever

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

13

DOWNLOADS
Rank 4,475

SSRN RANKINGS

Top 4,475

in Total Papers Downloads

7,332

CITATIONS
Rank 13,514

SSRN RANKINGS

Top 13,514

in Total Papers Citations

28

Scholarly Papers (13)

Law and Finance: The Case of Constructive Sales

Annual Review of Financial Economics, Forthcoming
Number of pages: 29 Posted: 31 Aug 2013 Last Revised: 18 Oct 2013
Thomas J. Brennan
Harvard Law School
Downloads 2,301 (4,096)

Abstract:

law and finance, constructive sales, variable prepaid forward contracts, tax, capital gains tax deferral, Black-Scholes-Merton model, dividend risk

Law and Finance: The Case of Constructive Sales

Annual Review of Financial Economics, Vol. 5, pp. 259-276, 2013
Posted: 08 Nov 2013
Thomas J. Brennan
Harvard Law School

Abstract:

2.
Downloads 1,429 ( 9,475)
Citation 2

Impossible Frontiers

Number of pages: 43 Posted: 24 Nov 2008 Last Revised: 15 Jun 2016
Thomas J. Brennan and Andrew W. Lo
Harvard Law School and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,382 (9,789)
Citation 2

Abstract:

Shortselling, Long/Short, Portfolio Optimization, Mean-Variance Analysis, CAPM, 130/30

Impossible Frontiers

NBER Working Paper No. w14525
Number of pages: 41 Posted: 09 Dec 2008
Thomas J. Brennan and Andrew W. Lo
Harvard Law School and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 47 (333,954)
Citation 2

Abstract:

3.

The Origin of Behavior

Number of pages: 58 Posted: 15 Nov 2009 Last Revised: 23 Nov 2010
Thomas J. Brennan and Andrew W. Lo
Harvard Law School and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,375 (9,039)
Citation 12

Abstract:

Behavioral Finance, Probability Matching, Loss Aversion, Risk Aversion, Risk Preferences, Evolution

4.

Measuring the Tax Subsidy in Private Equity and Hedge Fund Compensation

Drexel College of Law Research Paper No. 2008-W-01
Number of pages: 37 Posted: 15 Jan 2008 Last Revised: 25 Nov 2008
Karl Okamoto and Thomas J. Brennan
Drexel University College of Law and Harvard Law School
Downloads 359 (61,723)

Abstract:

private equity, hedge funds, carried interest, carry, performance fee, equity-based compensation, tax, taxation, deferral

5.

What Happens After a Holiday? Long-Term Effects of the Repatriation Provision of the AJCA

Northwestern Journal of Law and Social Policy, Vol. 5, p. 1, 2010
Number of pages: 18 Posted: 30 Oct 2010
Thomas J. Brennan
Harvard Law School
Downloads 345 (60,535)
Citation 3

Abstract:

International Taxation, Repatriation, Overseas Earnings

6.

Cash-Flow and Market Response to Repatriation

3rd Annual Conference on Empirical Legal Studies Papers
Number of pages: 52 Posted: 13 Jun 2008
Thomas J. Brennan
Harvard Law School
Downloads 264 (81,418)
Citation 7

Abstract:

AJCA, Jobs Creation Act, internal capital markets, agency problems, executive compensation

7.

Where the Money Really Went: A New Understanding of the AJCA Tax Holiday

Northwestern Law & Econ Research Paper No. 13-35
Number of pages: 54 Posted: 19 Aug 2013 Last Revised: 21 Apr 2014
Thomas J. Brennan
Harvard Law School
Downloads 221 (58,238)
Citation 1

Abstract:

international tax, tax policy, repatriation, dividends, shareholder payouts, acquisitions, spending behavior

8.

Do Labyrinthine Legal Limits on Leverage Lessen the Likelihood of Losses?: An Analytical Framework

Texas Law Review, Vol. 90, No. 7, 2012
Number of pages: 36 Posted: 30 May 2012 Last Revised: 05 Sep 2012
Andrew W. Lo and Thomas J. Brennan
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Harvard Law School
Downloads 173 (124,526)
Citation 1

Abstract:

Leverage, Liquidity, Financial Regulation, Capital Requirements, Macroprudential Policies, Net Capital Rules

9.

Perils of Partial Mark-to-Market Taxation

Northwestern Law & Econ Research Paper No. 13-34
Number of pages: 36 Posted: 20 Aug 2013 Last Revised: 23 Oct 2013
Thomas J. Brennan
Harvard Law School
Downloads 153 (137,484)

Abstract:

financial products taxation, derivatives taxation, mark-to-market taxation, fundamental tax reform, tax arbitrage

10.
Downloads 75 (215,146)
Citation 1

Abstract:

debt-equity distinction, hybrid taxation, convertible bond taxation, tax arbitrage

11.

Economic Trends and Judicial Outcomes: A Macrotheory of the Court

Duke Law Journal, Vol. 58, p. 1192, 2009, Northwestern Law & Econ Research Paper No. 10-14
Number of pages: 41 Posted: 30 Jun 2010
Thomas J. Brennan, Lee Epstein and Nancy C. Staudt
Harvard Law School, Washington University in St. Louis - School of Law and Washington University Law School
Downloads 67 (248,138)
Citation 1

Abstract:

Judicial Decisionmaking, Courts, Empirical Studies, Tax Decisions

12.

The Problematic Delta Test for Dividend Equivalents

Tax Notes, Vol. 146, No. 4, 2015
Number of pages: 8 Posted: 05 May 2015
Thomas J. Brennan and Robert L. McDonald
Downloads 30 (316,624)

Abstract:

dividend equivalent taxation, cross-border taxation, delta test

13.

Realization and Lock-In When Interest Rates are Low

Tax Notes, Vol. 152, No. 8, 2016
Number of pages: 5 Posted: 11 Sep 2016
Thomas J. Brennan and Alvin C. Warren Jr.
Harvard Law School and Harvard Law School
Downloads 0 (272,380)

Abstract:

lock-in, tax deferral, realization requirement, interest rates, borrowing costs