STEINDL, J. - In: Banca Nazionale del Lavoro Quarterly Review 51 (1998) 207, pp. 435-449
Capital gains are ironically one of the least studied concepts in economics despite their crucial role in national … accounting. Although capital gains are technically not involved in the circular flow of production and incomes, they are a vital … determinants of consumer credit and personal savings. Recent findings, in fact, correlate capital gains with the prevalence of …