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Inflation, Personal Taxes, and Real Output: A Dynamic Analysis


An examination, using the overlapping-generations approach, of how the interactions between inflation and the nominal taxation of capital income affect the cyclical behavior of the U.S. economy.


Suggested citation: Altig, David, and Charles Carlstrom, 1991. “Inflation, Personal Taxes, and Real Output: A Dynamic Analysis,” Federal Reserve Bank of Cleveland, Working Paper no. 91-02.

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