The American Economy in Transition (National Bureau of Economic Research Ser)

Business & Money

Feldstein, Martin

Economics

University of Chicago Press

Inflation, Tax Rules, and Capital Formation (National Bureau of Economic Research Monograph)

<p>Inflation, Tax Rules, and Capital Formation (A National Bureau of Economic Research Monograph)</p>

<p>A reexamination of the major economic theories of the past two hundred years discusses how long-dead, famous economists such as Adam Smith and others would handle today's economic problems.</p>

New Ideas from Dead Economists: An Introduction to Modern Economic Thought

Buchholz, Todd G.

Dutton Adult

The new chairman of President Reagan's Council of Economic Advisers, Martin Feldstein is also the leading economist in the field of tax analysis. In this important volume he shows how systems of taxation influence the rate and nature of capital formation―a key policy issue in the development of any economy.The first part of Capital Taxation deals with the overall rate of saving and examines the effects of taxes on both personal and corporate saving as well as on the interaction between the two. The second section describes the effects of tax rules on household portfolios: selection and size of investment and the process of portfolio adjustment. In Part 3, Feldstein turns to corporate investment in plant and equipment and in inventories. Part 4 analyzes the impact of capital taxation in a growing economy. Feldstein's perceptive identification of important economic and policy questions, adroit use of modeling and new data sources, and careful attention to dynamics make this book a powerful addition to the economic literature.

Capital Taxation

Harvard University Press

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Books by Feldstein, Martin