Capital Income Taxes and the Benefit of Price Stability
Published Date
Copyright 1999
ISBN 0226240991
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Copy CitationMartin S. Feldstein, The Costs and Benefits of Price Stability (University of Chicago Press, 1999), chap. 1, https://www.nber.org/books-and-chapters/costs-and-benefits-price-stability/capital-income-taxes-and-benefit-price-stability.
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Published From Paper
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Working Paper
Going from low inflation to price stability involves a short term loss (associated with the" higher unemployment rate...