The effect of tax-favored retirement accounts on capital accumulation
Article Abstract:
The ability of individual retirement accounts to stimulate private savings is shown to be dependent on a base amount which is the contribution limit. A time series analysis of tax-favored retirement accounts showed that the contribution limit legislated in the early 1980s increased net national savings by 5.48% and the steady state capital stock by 6.18%. Raising the ceiling on contribution limit is expected to substantially increase capital stock, which can be further increased with the removal of early-withdrawal penalties.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1998
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Market share dynamics and the "persistence of leadership" debate
Article Abstract:
The extent of persistence of a "market leader" in the industry and its relationship to the variance of market share changes to the present market share is analyzed in light of divergent theoretical models, presenting insights to the market share dynamics in Japan.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2007
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