El efecto de la inflación en el crecimiento de las inversiones: una nota
Motivated by the pioneering work of Brenner and Venetia (1983), henceforth designated as BV, a previous note that focused attention on the effect of taxation on the optimal duration of investments in a non-inflationary environment (de Faro, 1996), the present note is aimed at investigating the effec...
| Auteur principal: | |
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| Format: | Online |
| Langue: | anglais |
| Éditeur: |
El Colegio de México, A.C.
1998
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| Sujets: | |
| Accès en ligne: | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/239 |
| Institution: |
Estudios Económicos |
| Résumé: | Motivated by the pioneering work of Brenner and Venetia (1983), henceforth designated as BV, a previous note that focused attention on the effect of taxation on the optimal duration of investments in a non-inflationary environment (de Faro, 1996), the present note is aimed at investigating the effects of inflation on the optimal duration of investments. Specifically, considering the no-reinvestment case only, our objective is to include in the analysis both a numerical illustration of the peculiar results of BV as well as indexation procedures that have been used in some high inflation economies. |
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