This paper shows that previous analyses of IRA-type plans that seek to encourage household saving have miscalculated their effect on tax revenue and therefore on national saving by ignoring their favorable impact on corporate tax payments. Recognizing the important effects of IRA plans on corporate tax revenue changes previous conclusions about the revenue loss in a fundamental way. The revenue loss associated with IRAs either is much smaller than has generally been estimated or is actually a revenue gain.

Journal Article A Note on Feldstein's Criticism of Mean-Variance Analysis: A Reply Get access Martin S. Feldstein Martin S. Feldstein Harvard University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 45, Issue 1, February 1978, Page 201, https://doi.org/10.2307/2297095 Published: 01 February 1978

Journal Article Corporate Taxation and Dividend Behaviour Get access M. S. Feldstein M. S. Feldstein Harvard University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 37, Issue 1, January 1970, Pages 57–72, https://doi.org/10.2307/2296498 Published: 01 January 1970 Article history Received: 01 January 1969 Accepted: 01 May 1969 Published: 01 January 1970

Journal Article Mean-Variance Analysis in the Theory of Liquidity Preference and Portfolio Selection Get access M. S. Feldstein M. S. Feldstein Harvard University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 36, Issue 1, January 1969, Pages 5–12, https://doi.org/10.2307/2296337 Published: 01 January 1969 Article history Received: 06 March 1967 Revision received: 27 June 1968 Published: 01 January 1969

Journal Article Tax Policy, Corporate Saving and Investment Behaviour in Britain Get access M. S. Feldstein, M. S. Feldstein Harvard University Search for other works by this author on: Oxford Academic Google Scholar J. S. Flemming J. S. Flemming Nuffield College, Oxford Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 38, Issue 4, October 1971, Pages 415–434, https://doi.org/10.2307/2296687 Published: 01 October 1971

I. Introduction, 419. — II. Elasticity of supply of savings, 420. — III. Analysis under uncertainty, 427. — IV. Implications, 434.