Gavin, William T. (contributor); … - 2004 - [Elektronische Ressource]
capital gains are taxed. These include the partial
equilibrium analyses of Fischer (1981), Feldstein (1997), and Cohen …, Hassett, and Hubbard
(1999).
1
The literature also includes the steady-state analysis of general equilibrium models in …
Abel (1997), Leung and Zhang (2000), and Bullard and Russell (2004). In general equilibrium,
the welfare costs arise …