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Inflation and the rates of return on bonds and equities / by James E. Pesando.: EC22-3/1980-148E-PDF

"This study briefly reviews the Canadian evidence regarding the impact of inflation on the rates of return on fixed-income securities and common stocks. The main purpose of the study, however, is to seek an explanation for the previous empirical findings. Attention is devoted to the role of tax factors and, in particular, to the non-neutrality of the Canadian personal and corporate income tax systems with respect to inflation"--Abstract.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.861925&sl=0

Publication information
Department/Agency
  • Economic Council of Canada.
TitleInflation and the rates of return on bonds and equities / by James E. Pesando.
Series title
  • Discussion paper ; no. 148
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • "January 1980."
  • Digitized edition from print [produced by the Publishing and Depository Services Directorate].
  • Includes bibliographic references.
  • Includes abstract in French.
Publishing information
  • Ottawa : Economic Council of Canada, 1980.
Author / Contributor
  • Pesando, James E.,1946-
Description37 p.
Catalogue number
  • EC22-3/1980-148E-PDF
Subject terms
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