Working Paper
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 T. Carlstrom. 1991. “Inflation, Personal Taxes, and Real Output: A Dynamic Analysis.” Federal Reserve Bank of Cleveland, Working Paper No. 91-02. https://doi.org/10.26509/frbc-wp-199102
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