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Taxation & Estate Planning
: TaxProf BlogKaplow: Utility from Accumulation
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Louis Kaplow (Harvard) has posted Utility from Accumulation on SSRN. Here is the abstract: The possibility that individuals may derive utility from the mere fact of holding wealth has long been recognized. A simple intertemporal model featuring utility from accumulation is used here to examine consumption and savings, the choice...Full post as published by TaxProf Blog on February 16, 2010 (boomark / email).
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