What do Aggregate Consumption Euler Equations Say about the Capital Income Tax Burden?
收藏NBER2004-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10262
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资源简介:
Aggregate consumption Euler equations fit financial asset return data poorly. But they fit the return on the capital stock well, which leads us to three empirical findings relating to the capital income tax burden. First, capital taxation drives a wedge between consumption growth and the expected
提供机构:
美国国家经济研究局
创建时间:
2004-02-01



