Vergara, Rodrigo - In: Applied economics 42 (2010) 4/6, pp. 717-725
the link between the tax reform and the investment performance of Chile since the reform. Macroeconomic and microeconomic … determinants of the investment boom of the late eighties and nineties in Chile. Our estimations suggest that there are two channels … in which taxes affect investment: on the one hand, higher taxes increase the cost of capital (cost of capital channel …