The Influence of the Income Taxation on the Agent Savings

被引:0
|
作者
Marinescu, Daniela [1 ]
Ramniceanu, Ioana [1 ]
Marin, Dumitru [1 ]
机构
[1] Acad Econ Studies, Dept Econ Cybernet, Bucharest, Romania
关键词
optimal portfolio; risk aversion; income effect; substitution effect;
D O I
暂无
中图分类号
TP39 [计算机的应用];
学科分类号
081203 ; 0835 ;
摘要
In the model we will analyze the influence of the taxation change on choosing the optimal portfolio. We will prove that when the absolute index of the risk aversion is decreasing the amount invested in the risky active increase as a result of the income and substitution effects.
引用
收藏
页码:531 / 534
页数:4
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