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PrintNovember 1973, No. 73-3
The Cost of Capital, the Desired Capital Stock, and a Variable Investment Tax Credit as a Stabilization Tool
Roger N. Waud
Glenn C. Picou
Our Research Focus: Inflation & Monetary Policy
Topics:
Tax Credits
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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