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Taxes and Capital Formation (Hardcover)
Loot Price: R923
Discovery Miles 9 230
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Taxes and Capital Formation (Hardcover)
Series: NBER-Project Reports
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Economists have long recognized the importance of capital
accumulation for productivity and economic growth. The National
Bureau of Economic Research is currently engaged in a study of the
relationship between such accumulation and taxation policies, with
particular focus on saving, risk-taking, and corporate investment
in the United States and abroad. The papers presented in Taxes and
Capital Formation are accessible, nontechnical summaries of
fourteen individual research projects within that study. Complete
technical reports on this research are published in a separate
volume, The Effects of Taxation on Capital Accumulation, also
edited by Martin Feldstein. By addressing some of the most critical
policy issues of the day with a minimum of economic jargon, Taxes
and Capital Formation makes the results of Bureau research
available to a wide audience of policy officials and staff as well
as to members of the business community. The volume should also
prove useful for courses in public policy, business, and law. In
keeping with Bureau tradition, the papers do not contain policy
recommendations; instead, they promote a better understanding of
how the economy works and the effects of specific policies on
particular aspects of the economy.
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