shock. Our estimated model uncovers a central role for investment in the transmission mechanism of monetary policy, as high … MPCs amplify the investment response in the data. This force also generates a procyclical response of consumption to … investment shocks, leading our model to infer a central role for these shocks as a source of business cycles …

complementary investment in production activities. Our theoretical findings are motivated by existing empirical evidence and a fresh …

investment in an international infrastructure capital, the stock of which accumulates over time. Depending on the trade costs and … consideration, the governments carry out a dynamic game of public investment. We show that the dynamic equilibrium of the policy …

will be different for the two firm types. This in turn will affect the investment incentives and distort capital and labour …

and only if the investment elasticity of the tax base is lower than the investment elasticity of the apportionment factor …

that anticipate the actual tax base incorrectly. I analyze the effects of stochastic taxation on investment behavior in a … the effects of both tax base and tax rate uncertainty, the investment's tax payment is modelled as a stochastic process …. Increased tax uncertainty has an ambiguous impact on investment timing. The view that tax uncertainty depresses real investment …

equilibrium, general-equilibrium effects overturn this result: a monetary expansion increases the investment of high …

demonstrates the neutrality properties of the reform with respect to investment, firm financial decisions and organizational choice …. Tax rates are chosen to prevent income shifting from labor to capital income. The reform decisively strengthens investment …

mitigation to households by pooling the idiosyncratic risks of their investment activities. In contrast to previous studies, we …