Garriga, Carlos; Sánchez-Losada, Fernando - Federal Reserve Bank of St. Louis - 2009
claim that
estate taxes slow economic growth, destroy small business, and generate large transaction costs
and ine� ciencies … to warm-glow altruism.
20
References
Atkinson AB, Stiglitz B (1980) Lectures on public economics. McGraw-Hill, New York … S-C, Ythier JM (eds) Handbook on the economics of giving: altruism and reciprocity,
vol. 2. North-Holland, Amsterdam, pp …