Showing 1 - 10 of 10
Persistent link: https://www.econbiz.de/10013480886
and income taxes; (b) make wealth taxes less efficient relative to capital income taxes, at given rates of tax; (c) reduce …
Persistent link: https://www.econbiz.de/10012660030
We study the effects of tax laws on foreign direct investment (FDI) and direct investment abroad (DIA), distinguishing in each case between investment financed by retained earnings and investment financed by transfers from abroad. We find that tax policy, through its effect on the rate-of-return...
Persistent link: https://www.econbiz.de/10012477214
structural vector autoregressions show that lower taxes and higher government purchases can boost output, it is difficult to …
Persistent link: https://www.econbiz.de/10012463242
combination of a drop in total factor productivity (TFP) during 1990-92 and of increases in taxes on labor and consumption and …
Persistent link: https://www.econbiz.de/10012465055
foreign source income on accrual with a deduction for foreign taxes is not generally optimal. However, unlike Mintz and …
Persistent link: https://www.econbiz.de/10012470817
In this paper, we summarize recent advances in the study of effects of tax policy on the fixed investment decisions of firms. We attempt to identify consensus where it has been achieved and to highlight important unresolved issues. In addition, we discuss the implications of recent findings for...
Persistent link: https://www.econbiz.de/10012473159
We use firm-level panel data to explore the extent to which fixed investment responds to tax reforms in 14 OECD countries. Previous studies have often found that investment does not respond to changes in the marginal cost of investment. We identify some of the factors responsible for this...
Persistent link: https://www.econbiz.de/10012473645
accounted for by the evolution of taxes in an otherwise standard neoclassical growth model. Although taxes play a crucial role …, we cannot argue that taxes drive all of the movements in hours worked. In particular, the model underpredicts the large …
Persistent link: https://www.econbiz.de/10012455090
By preemptive austerity, we mean a policy that increases taxes to deter potential rollover crises. The policy is so … eliminates the danger. Mechanically, high taxes make the safe zone in the model -- the set of sovereign debt levels for which the … reduce the level of debt to a point where, asymptotically, high taxes are no longer necessary …
Persistent link: https://www.econbiz.de/10014436959