carefully coordinated features of a more comprehensive income tax, including the indexation of interest, depreciation, and …

maximizing the property's depreciation tax shelter net of all capital gain taxes and transaction costs.This paper develops a … dynamic programming model in which the optimal trading strategies and depreciation methods of all investors in a property are … simultaneously determined. The effects of inflation, depreciation, recapture and choice of depreciation method are analyzed, and the …

With the existing "historic cost" method of depreciation, higher inflation rates reduce the real value of future … depreciation deductions and therefore raise the real net cost of investment. The calculations in this paper show that this rise in … rate. The effects of inflation on the net cost of investment can be completely eliminated by indexing depreciation. A more …

Human capital can depreciate if skills are unused. But estimating human capital depreciation is challenging, as worker … estimate a skill depreciation rate of 4.3% and experience returns of 6.8% …

Measuring the private returns to R&D requires knowledge of its private depreciation or obsolescence rate, which is … depreciation rate to construct R&D capital stocks and measure the returns to R&D, a rate usually equal to 15 per cent. In this … returns can be inverted to derive an implied depreciation rate for R&D capital. I then test these ideas on a large unbalanced …