Now that the dividend tax reduction is law, Republicans are already beginning to discuss their tax plans for next year. Such a rapid change in focus is likely to become part of the landscape in ...
Investment is a smaller but more volatile component of GDP than consumption. Drops in investment have tended to precede recessions, consumption doesn't always drop during recessions. Consumption ...
The Review of Economic Studies, Vol. 53, No. 4, Econometrics Special Issue (Aug., 1986), pp. 497-516 (20 pages) In the first part of the paper we outline a method for estimating a class of models in ...