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Keywords: stochastic non-timber income
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Journal Articles
Progressive Income Taxes and Option Values: The Case of a Farmer Who Owns a Forest
Available to Purchase
Journal:
Journal of Forest Economics
Journal of Forest Economics (1999) 5 (2): 217–234.
Published: 31 July 1999
... Bo Jellesmark Thorsen 1999 Bo Jellesmark Thorsen Licensed re-use rights only Optimal harvesting optimal stopping real options stochastic non-timber income This paper studies the case of an individual having two sources of taxable income and facing a progressive income tax scheme...
