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Precautionary Saving and the Timing of Taxes

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NBER1988-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2680
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This paper analyzes the effects of government debt and income taxes on consumption and saving in a world of infinitely-lived households having uncertain and heterogeneous incomes. The special structure of the model allows exact aggregation across households despite incomplete markets. The effects of
创建时间:
1988-08-01
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