Hidden Stimuli to Capital Formation : Debt and the Incomplete Adjustment of Financial Returns
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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National Bureau of Economic Research
|Series:||NBER working paper series
no. w1684 |
|Item Description:||August 1985|
|Physical Description:||1 Online-Ressource|
|Format:||Mode of access: World Wide Web.|
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