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This paper studies the extent to which the impact of tax policy on consumer spending differs between temporary and permanent, as well as anticipated and unanticipated tax changes. To discriminate between them, we use institutional information such as legal distinction between temporary and...
Persistent link: https://www.econbiz.de/10012471538
countries with whom Japan has agreements are entitled to claim foreign tax credits for income taxes that they would have paid to … investment patterns reveal that the volume of Japanese FDI located in countries with whom Japan has than what it would have been … whom Japan has agreements. Similar patters appear when with the United Kingdom are used as instruments for Japanese sparing …
Persistent link: https://www.econbiz.de/10012472085
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
Past government spending in Japan is currently imposing a significant fiscal burden that is reflected in a net debt to …
Persistent link: https://www.econbiz.de/10012459229
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