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...

Full description

Bibliographic Details
Main Author: Chirinko, Robert S.
Other Involved Persons: King, Stephen R. ; National Bureau of Economic Research
Format: eBook
Language:English
Published: Cambridge, Mass : National Bureau of Economic Research 1985
Series:NBER working paper series no. w1684
Item Description:August 1985
Physical Description:1 Online-Ressource
Format:Mode of access: World Wide Web.
System requirements: Adobe [Acrobat] Reader required for PDF files.
DOI:10.3386/w1684
QR Code: Show QR Code