| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w0897 |
| 来源ID | Working Paper 0897 |
| The Taxation of Risky Assets | |
| Jeremy I. Bulow; Lawrence H. Summers | |
| 发表日期 | 1982-06-01 |
| 出版年 | 1982 |
| 语种 | 英语 |
| 摘要 | This paper reconsiders the effects of taxation on risky assets, recognizing the importance of variations in asset prices. We show that earlier analyses which assumed that depreciation rates are constant and that the future price of capital goods is known with certainty are very misleading, as guides to the effects of corporate taxes. We then examine the concept of economic depreciation in a risky environment, and show that depreciation allowances, if set ex-ante, should be adjusted to take account of future asset price risk. Some empirical calculations suggest that these adjustments are large, and have important implications for the burdens of, and non-neutralities in, the corporate income tax. |
| 主题 | Macroeconomics |
| URL | https://www.nber.org/papers/w0897 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/558112 |
| 推荐引用方式 GB/T 7714 | Jeremy I. Bulow,Lawrence H. Summers. The Taxation of Risky Assets. 1982. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w0897.pdf（369KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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