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Bank of Canada RSS Feedsen2024-03-29T03:31:34+00:00Capital Gains and Inflation Taxes in a Life-cycle Model
https://www.bankofcanada.ca/1999/01/working-paper-1999-2/
Inflation distorts an economy through many channels. This paper highlights the interaction between inflation and capital gains tax and how they distort an economy through the financial market. Several observations motivate this research. First, capital formation or investment is an important channel for economic agents to smooth their consumption over their life cycles. Second, capital […]1999-01-14T11:30:06+00:00enCapital Gains and Inflation Taxes in a Life-cycle Model1999-01-14Inflation: costs and benefitsCharles LeungGuang-Jia ZhangJanuary 1999EE5E6