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This paper deals with the intergenerational incidence of corporate tax policies in the overlapping generation model. Corportate tax reforms affect the welfare levels of individuals via three Channels: (i) changes in the net. tax burdens, (ii) changes in the factor prices, and (iii) changes in...
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dynamics of important variables like firm value, dividend payout, and investment differs qualitatively depending on whether the … interpretation of the produced results. -- Tax reform ; anticipation effects ; investment ; economic growth ; welfare ; corporate …
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