Capital Taxation: Quantitative Explorations of the Inverse Euler Equation
Abstractefficiency gains can be sizable, but we find that most of the improvements can then attributed to the relaxation of borrowing constraints, rather than the introduction of savings distortions.
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Bibliographic InfoPaper provided by Society for Economic Dynamics in its series 2009 Meeting Papers with number 1262.
Date of creation: 2009
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Other versions of this item:
- Emmanuel Farhi & Iv�n Werning, 2012. "Capital Taxation: Quantitative Explorations of the Inverse Euler Equation," Journal of Political Economy, University of Chicago Press, vol. 120(3), pages 000 - 000.
- Emmanuel Farhi & Ivan Werning, 2007. "Capital Taxation: Quantitative Explorations of the Inverse Euler Equation," Working Papers CAS_RN_2007_3, Laboratory for Macroeconomic Analysis.
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- Edmans, Alex & Gabaix, Xavier & Sadzik, Tomasz & Sannikov, Yuliy, 2010.
"Dynamic Incentive Accounts,"
10-19, University of Pennsylvania, Wharton School, Weiss Center.
- Edmans, Alex & Gabaix, Xavier & Sadzik, Tomasz & Sannikov, Yuliy, 2009. "Dynamic Incentive Accounts," CEPR Discussion Papers 7497, C.E.P.R. Discussion Papers.
- Alex Edmans & Xavier Gabaix & Tomasz Sadzik & Yuliy Sannikov, 2009. "Dynamic Incentive Accounts," NBER Working Papers 15324, National Bureau of Economic Research, Inc.
- Yuliy Sannikov & Xavier Gabaix & Tomasz Sadzik & Alex Edmans, 2010. "Dynamic Incentive Accounts," 2010 Meeting Papers 1207, Society for Economic Dynamics.
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