, progressive taxation as well as investment and output subsidies to the entrepreneurial sector …

In this paper, we summarize recent advances in the study of effects of tax policy on the fixed investment decisions of … long-run tax policy that favors business investment spending …

In models with irreversible investment, increasing uncertainty about prices has been shown to increase the required … rate of return (hurdle rate) and delay investment (e.g., Pindyck, 1988). One serious form of uncertainty faced by firms, a … past work that tax policy uncertainty increases the expected hurdle price ratio and delays investment. This is because tax …

-human capital falls to approximately its initial net of tax level, and steady-state human capital investment plans are therefore …

Conventional estimates of the impact of taxes on investment may be seriously biased by measurement error in the cost of … significantly affect both prices and investment and that conventional results may be off by as much as a factor of four …

This paper derives analytical measures of the combined effects of tax changes and adjustment costs on investment and …

The evidence presented in this study confirms that tax-induced changes in the profitability of investment have had a … powerful effect on the share of GNP devoted to nonresidential fixed investment. More specifically, we have reestimated two … models of aggregate investment initially presented in Feldstein, "Inflation, Tax Rules and Investment: Some Econometric …

these two views of dividend taxation. By extending Tobin's "q" theory of investment to incorporate taxes at both the … views may be tested by comparing the performance of investment equations estimates under each theory's predict ions. British … will have no impact on corporate investment decisions. This paper develops econometric tests which distinguish between …