likely consequences of proposed future tax changes. Consideration of short-run effects of tax reform on investment and market … new and old capital. The model described in this paper considers investment in equipment and investment in plant … investment plans. We examine the consequences of the nonindexation of depreciation benefits as well as the introduction of the …

The taxation of corporate assets is well understood to influence investment and firm valuation. This paper explores the … incentives than those implied by the usual static analysis. Simulation results suggest that investment is sensitive to future tax …

How does rising foreign investment influence domestic economic activity? Firms whose foreign operations grow rapidly …-specific geographic distributions of foreign investment, to predict changes in foreign investment by a large panel of American firms …. Estimates produced using this instrument for changes in foreign activity indicate that 10% greater foreign capital investment is …

This paper evaluates evidence of the impact of outbound foreign direct investment (FDI) on domestic investment rates …. OECD countries with high rates of outbound FDI in the 1980s and 1990s exhibited lower domestic investment than other … countries, which suggests that FDI and domestic investment are substitutes. U.S. time series data tell a very different story …

This paper examines the investment effects of tax subsidies for which some assets and not others are eligible …. Distortionary tax subsidies encourage firms to concentrate investments in tax-favored assets profitability of investment and …, which in turn discourages investment. Borrowing rates react so strongly that aggregate investment may rise very little, or …