Arbeitspapier

The Existence of Equilibrium in a Financial Market with General Personal and Corporate Tax Structures

This article concerns the existence of equilibrium in a two-period model with general personal and corporate tax structures. We show that an equilibrium exists if there is a price system under which no consumer or firm has an arbitrage opportunity. The model can be modified to handle non convex tax structures and capital gains.

Language
Englisch

Bibliographic citation
Series: Queen's Economics Department Working Paper ; No. 939

Classification
Wirtschaft
Subject
general equilibrium
financial markets
taxation
general equilibrium
financial markets
taxation

Event
Geistige Schöpfung
(who)
Jin, Xing
Milne, Frank
Event
Veröffentlichung
(who)
Queen's University, Department of Economics
(where)
Kingston (Ontario)
(when)
1996

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Jin, Xing
  • Milne, Frank
  • Queen's University, Department of Economics

Time of origin

  • 1996

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