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Purpose – The purpose of this paper is to estimate the effect of the combined (Federal and state) estate, inheritance, and gift (EIG) tax burden per decedent on the number of firms in the USA. Design/methodology/approach – Estimates are based on a longitudinal panel of 50 American states...
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Introduction: why we think statistics is difficult -- Common errors -- What are probabilities? -- How do we know when two things are different? -- How do we know when one thing affects another? -- What do economic measures tell us? -- Conclusion
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