Income Inequality and Asset Prices under Redistributive Taxation
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https://www.nber.org/papers/w21668
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资源简介：
Our simple model features agents heterogeneous in skill and risk aversion, incomplete financial markets, and redistributive taxation. In equilibrium, agents become entrepreneurs if their skill is sufficiently high or risk aversion sufficiently low. Under heavier taxation, entrepreneurs are more
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美国国家经济研究局创建时间：
2015-10-01
