Inflation, Tax Rules, and the Stock Market
收藏NBER1979-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w0403
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资源简介：
This paper shows how the interaction of tax rules and expected inflation can decrease substantially the share price per dollar of pretax earnings. The current analysis extends my earlier study [Feldstein (1978)] by recognizing corporate debt, retained earnings, and the role of diverse shareholder
提供机构：
美国国家经济研究局
创建时间：
1979-11-01
