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Tax Policy Under Keeping Up with the Joneses and Imperfectly Competitive Product Markets
Guo, Jang-Ting - Econometric Society - 2004
, the optimal capital tax is unambiguously negative and affects the economy countercyclically. Our analysis shows that …
Persistent link: https://www.econbiz.de/10005329006
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Tax Policy Under Keeping Up with the Joneses and Imperfect Competition
Guo, Jang-Ting - In: Annals of Economics and Finance 6 (2005) 1, pp. 25-36
monopoly power. Moreover, the optimal capital tax is unambiguously negative and affects the economy countercyclically. Our …
Persistent link: https://www.econbiz.de/10009149995