Updated TaxTC to accepted.

index.html

@@ -111,7 +111,7 @@
         <li><label><b>Spring 2020-2025 </b></label>
             <div>SEEM3580 Risk Analysis for Financial Engineering</div>
         </li>
-        <li><label><b>Fall 2019-2024 </b></label>
+        <li><label><b>Fall 2019-2025 </b></label>
             <div>SEEM3590 Investment Science</div>
         </li>
     </ul>
@@ -233,24 +233,6 @@
             </div>
         </li><br>
 
-        <li>Optimal Tax-Timing with Transaction Costs (with <a class="authorlink" href="https://sites.google.com/view/mindai/home"
-                target="_blank">Min Dai</a>, Yaoting Lei, and <a class="authorlink" href="http://apps.olin.wustl.edu/faculty/liuh/"
-                target="blank">Hong Liu</a>).<br>
-            <b>submitted</b>. <span class="links">[<a class="paperlink" href="" onclick="toggleAbstract('abs_TaxTC');return false">Abstract</a>|<a class="paperlink"
-                href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4952040" target="_blank">SSRN</a>]</span><br>
-            <div class="fade-in" style="display:none" id="abs_TaxTC">
-                <hr>
-                We develop a dynamic portfolio model incorporating capital gains tax (CGT), transaction costs, and
-                    year-end taxation. We find that even tiny transaction costs can lead to significant deferral of
-                    large losses and transaction costs affect loss deferrals much more than gain deferrals. Our model
-                    can thus help explain the puzzle that even when investors face equal long-term/short-term CGT rates,
-                    they may still defer realizing large capital losses for an extended period of time, displaying the
-                    disposition effect. In addition, we find misestimating transaction costs is costly. We also provide
-                    several unique, empirically testable predictions and shed light on recently proposed tax policy
-                    changes.
-            </div>
-        </li><br>
-
         <li>Optimal Design of Automated Market Makers on Decentralized Exchanges (with <a class="authorlink"
                 href="https://sites.google.com/site/xuedonghepage/home" target="_blank">Xuedong He</a> and <a class="authorlink" href="https://hk.linkedin.com/in/yutian-zhou-555870189" target="_blank">Yutian Zhou</a>).<br>
             <b>submitted</b>. <span class="links">[<a class="paperlink" href="" onclick="toggleAbstract('abs_AMM');return false">Abstract</a>|<a class="paperlink"
@@ -337,6 +319,24 @@
             </div>
         </li><br>
 
+        <li>Optimal Tax-Timing with Transaction Costs (with <a class="authorlink" href="https://sites.google.com/view/mindai/home"
+                target="_blank">Min Dai</a>, Yaoting Lei, and <a class="authorlink" href="http://apps.olin.wustl.edu/faculty/liuh/"
+                target="blank">Hong Liu</a>).<br>
+            <i><b>Management Science</b></i>, Accepted For Publication. <span class="links">[<a class="paperlink" href="" onclick="toggleAbstract('abs_TaxTC');return false">Abstract</a>|<a class="paperlink"
+                href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4952040" target="_blank">SSRN</a>]</span><br>
+            <div class="fade-in" style="display:none" id="abs_TaxTC">
+                <hr>
+                We develop a dynamic portfolio model incorporating capital gains tax (CGT), transaction costs, and
+                    year-end taxation. We find that even tiny transaction costs can lead to significant deferral of
+                    large losses and transaction costs affect loss deferrals much more than gain deferrals. Our model
+                    can thus help explain the puzzle that even when investors face equal long-term/short-term CGT rates,
+                    they may still defer realizing large capital losses for an extended period of time, displaying the
+                    disposition effect. In addition, we find misestimating transaction costs is costly. We also provide
+                    several unique, empirically testable predictions and shed light on recently proposed tax policy
+                    changes.
+            </div>
+        </li><br>
+
         <li>Designing Stablecoins (with <a class="authorlink" href="https://www.linkedin.com/in/yizhoucao/" target="_blank">Yizhou Cao</a>,
             <a class="authorlink" href="https://sites.google.com/view/mindai/home" target="_blank">Min Dai</a>, <a class="authorlink"
                 href="https://www.bu.edu/questrom/profile/steven-kou/" target="_blank">Steven Kou</a> and <a class="authorlink"