Jeske, Karsten (contributor); Krueger, Dirk (contributor) - 2005
Taxation and Capital Accumulation,” Journal of Monetary
Economics, 49, 1461-1489.
[9] Gruber, J. and R. Martin (2003): “Does …
functions P
l
,P
h
,P
b
: Z×M→ R, mortgage pricing functions P
m
,
ˆ
P
m
: S×R
+
×R
+
×Z×M→ R,
a government tax policy τ : Z ×M …
,m
0
,g
0
≥0
(
U(c,h)+β
X
z
0
π(z
0
|z)
X
y
0
π(y
0
|y,z
0
,z)
Z
¯
δ
δ
v(s
0
,z
0
,µ
0
)dF
δ,z
0
,y
0(δ
0
)
)
(1)
s.t.
c …