Trading with the Unborn: A New Perspective on Capital Income Taxation
收藏NBER2003-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w9412
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资源简介：
Security markets between generations are incomplete due to a biological trading constraint' that prevents living generations from negotiating contingent contracts with the unborn. This paper shows, however, that government policy can be used to replicate the trades that would have occurred if these
提供机构：
美国国家经济研究局
创建时间：
2003-01-01
