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
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Englisch
- Bibliographic citation
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Series: Queen's Economics Department Working Paper ; No. 939
- Classification
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Wirtschaft
- Subject
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general equilibrium
financial markets
taxation
general equilibrium
financial markets
taxation
- Event
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Geistige Schöpfung
- (who)
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Jin, Xing
Milne, Frank
- Event
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Veröffentlichung
- (who)
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Queen's University, Department of Economics
- (where)
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Kingston (Ontario)
- (when)
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1996
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Jin, Xing
- Milne, Frank
- Queen's University, Department of Economics
Time of origin
- 1996