The cost of capital, the desired capital stock, and a variable investment tax credit as a stabilization tool

This study considers the potential of a variable investment tax credit to relieve the pressure of a contracyclical monetary policy on the housing and State and local government sectors.

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Year of publication:	1973
Authors:	Picou, Glenn C. ; Waud, Roger N.
Institutions:	Federal Reserve Bank of Richmond
Subject:	Capital \| Tax credits

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Extent:	text/html application/pdf
Series:	Working Paper.
Type of publication:	Book / Working Paper
Notes:	Number 73-03
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004993955