The Decline in Aggregate Share Values: Inflation, Taxation, Risk and Profitability
收藏NBER1979-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w0370
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With a neutral tax system an increase in observed and anticipated inflation would not be expected to alter either real after-tax yields on bonds and equities or the ratio of the market value of equities to the replacement cost of corporate real capital. In the real world, however, declines in real
提供机构：
美国国家经济研究局
创建时间：
1979-07-01
