Long-term expectations and aggregate fluctuations

<p>This paper uses account-level information, reported to the IRS by foreign financial institutions under the Foreign Account Tax Compliance Act (FATCA), to produce new evidence on the foreign financial wealth of U.S. households. We find that U.S. taxpayers hold around $4 trillion in foreign a...

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Bibliografski detalji
Glavni autori: Bordalo, P, Gennaioli, N, La Porta, R, OBrien, M, Shleifer, A
Format: Journal article
Jezik:English
Izdano: University of Chicago Press 2024