Webb1 jan. 1978 · Abstract The effects of taxation on the holding of ‘risky’ assets are explored when price level uncertainty means that the alternative asset, money, cannot be regarded … Webb1 apr. 2001 · It is well-known that a proportional income tax on risky activities can increase risk-taking by making the government an implicit partner in these activities. This has been shown, in a different context, by Domar and Musgrave (1944) and Mossin (1968).

Capital Charge Rates, Investment Incentives and Taxation

WebbSchneider, D. (1980), The effects of progressive and proportional income taxation on risk-taking, National Tax Journal XXXIII, 67–76. Google Scholar Stiglitz, J.E. (1969), The effect of income, wealth, and capital gains taxation on risk-taking-, Quarterly Journal of Economics 83, 263–283 WebbThe effects of proportional income taxation cannot be predicted un-ambiguously , if there are differences be-tween taxable income and economic in-come. Neither the statement … thesaurus idiot

Musgrave Risk Model - 1255 Words Internet Public Library

WebbA proportional income tax is equivalent to a wage tax plus an ex ante wealth tax (that is, a tax on wealth in period 0). To see why this is true, begin by observ- ing that an income … WebbDomar, E. and R.A. Musgrave (1994) ‘Proportional Income Taxation and Risk-Taking’, Quarterly Journal of Economics, vol. 58, pp. 388–422. CrossRef Google Scholar Eaton, J. and H.S. Rosen (1980) ‘Taxation, Human Capital, and Uncertainty’, American Economic Review, vol. 70, pp. 705–15. Google Scholar WebbThe rationale of investment behavior: yield and risk defined, 393; yield and risk of an asset combination, 398; investor's indifference map and investment equilibrium, 402. — III. … traffic delays i 95 south carolina