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Marginal Taxes and the Asset Portfolios of Swedish Households Author info | Abstract | Publisher info | Download info | Related research | Statistics Agell, Jonas
Edin, Per-Anders
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This paper focuses on the effects of marginal tax rates, wealth, income, and a set of socioeconomic and demographic variables on the portfolio composition of households using detailed micro data on 2,000 Swedish households. In particular, efforts are made to disentangle the effects of marginal tax rates on the portfolio behavior of households. Some econometric problems involved when estimating asset demand equations in the presence of incomplete portfolios are briefly discussed. A final section examines the overall effect of marginal tax rates on asset demands by applying estimated discrete and continuous portfolio equations to compute different tax elasticities. Copyright 1990 by The editors of the Scandinavian Journal of Economics.
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Article provided by Blackwell Publishing in its journal Scandinavian Journal of Economics .
Volume (Year): 92 (1990)
Issue (Month): 1 ()
Pages: 47-64
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Handle: RePEc:bla:scandj:v:92:y:1990:i:1:p:47-64Contact details of provider: Web page: http://www.blackwellpublishing.com/journal.asp?ref=0347-0520
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For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
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