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Taxation and Risk Taking: A General Equilibrium Perspective

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NBER1991-05-01 更新2025-01-04 收录
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Taxation and risk taking are examined in a general equilibrium model that incorporates uncertain government revenue in a nonrestrictive manner and allows the government to influence its revenue through portfolio investments as well as through tax policy. It is demonstrated that each of a wide range

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1991-05-01
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