1 option
Tax Reform, Interest Rates and Capital Allocation / Patric H. Hendershott.
- Format:
- Book
- Author/Creator:
- Hendershott, Patric H.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w1708.
- NBER working paper series no. w1708
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1985.
- Summary:
- The impacts of four major tax reform proposals on the level of interest rates and the allocation of the American capital stock are derived. The four plans are Bradley-Gephardt, Kemp-Kasten, Treasury I and Treasury II. The allocation is among seven types of nonresidential capital, rental housing, and owner occupied housing held by households in five different income classes.The inflation-neutrality of the four plans as also deduced.
- Notes:
- Print version record
- September 1985.
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