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 …

between countries generates positive investment spillover, intra-firm production linkages predict negative spillover. Using … subsidiary-level data and exogenous corporate tax hikes, we find that local business units cut investment by 0.4% for a 1 …

: (1) The probability of a liquidity crisis leading to a binding investment-finance constraint falls with a strong … protection of creditors; (1) The stock prices under the investment-constrained regime increase with better protection of … investment fall by more in countries with poor creditor protection. …

sufficient investment is left after mergers to further develop firms' internal drug development capability. We evaluate the …

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 …

an almost world-wide recession in the aftermath of the financial crisis in 2008 and by the increase in production of … strong dampening impact on the effects of prices increases on investment. We also find strong and significant negative …

We propose an adaptation of Hartwick's investment rule to models with population growth and show that following … of Hartwick's investment rule where capital gains play a role if population growth is positive. Since capital gains …

, we show that more trust in a relationship is associated with higher idiosyncratic investment by suppliers and better part … relationships involving higher trust, buyers are able to induce higher investment and more intense competition among suppliers - but …

The national income and product accounts double-count investment, which enters once when it occurs and again in present … gross investment. In the steady state, revised product and income correspond to consumption. Outside of the steady state …, the measure deviates from consumption because full expensing relates to the long-run flow of gross investment, not the …