Investment, Volume 3: Lifting the Burden: Tax Reform, the Cost of Capital, and U. S. Economic Growth »

Dale W. Jorgenson is Samuel W. Morris University Professor at Harvard University. He is the author of 24 books on economics, including Productivity volumes 1 and 2 (MIT Press, 1995). His collected papers have been published in ten volumes by the MIT Press, starting in 1995.

Kun-Young Yun is Professor of Economics at Yonsei University, Korea.

A presentation of the cost-of-capital approach for analyzing the economic impact of tax policy.