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Labor market rents can cause business cycles

capital labor ratio of 0. So now there is a third good K in addition to C_1 and C_2. At any given time total capital equals K = K_1+K_2 where…

Capital Gain Taxes & Investment: Risk and Return

…of taxation of capital gains on the decision to purchase a risky asset is explored within a theoretical framework similar to that of the capital asset pricing model. Tax rate…