A Quantitative Analysis of Capital Income Taxation
This paper studies the quantitative impact of eliminating capital income taxation on capital accumulation and steady-state welfare in a general equilibrium model with overlapping generations of 65-period-lived individuals who face idiosyncratic earnings risk, borrowing constraints and life span uncertainty.
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|Date of creation:||1997|
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Web page: http://case.ku.edu.tr/tr/econ/home
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