This study presents time-series evidence indicating that capital gains taxation reduces the realization of capital gains. The "lock-in" effect is detectable once we divide individuals into categories on the basis of how much recent capital gains tax in- creases have affected them. Since the tax...

This paper demonstrates that, across nineteen OECD countries for 1981-84, a survey-based measure of the perceived likelihood of nuclear war is negatively correlated with the rate of net private saving, holding other determinants of saving constant. The estimates indicate that a 10 percent...