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    • Mandatory profit sharing, entrepreneurial incentives and capital accumulation 

      Cardoso, Renato Fragelli (Escola de Pós-Graduação em Economia da FGV, 1997-12)
      The impact of a mandatory tax on profits which is transferred to workers is analyzed in a general equilibrium entrepreneurial model. In the short run, this distortion reduces the number of firms and the aggregate output. ...