Hidden Stimuli to Capital Formation: Debt and the Incomplete Adjustment of Financial Returns
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There is a common belief that the disappointing economic performance in the 1970s can be attributed in good part to the interaction of tax rules, inflation, and capital formation. In this paper, we reassess the relationships between inflation, the tax code, and investment incentives because previous
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美国国家经济研究局创建时间：
1985-08-01
