Showing 1 - 10 of 469
similar investment subsidies were implemented in the same country, two years apart: once during a period of economic stability … offer an important policy opportunity to encourage investment …
Persistent link: https://www.econbiz.de/10012859606
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 …
Persistent link: https://www.econbiz.de/10013316889
Two non-transitive theories to model decision making under risk are regret theory (Loomes and Sugden, 1982, 1987) and …
Persistent link: https://www.econbiz.de/10012850081
Allocation decisions are vulnerable to political influence, but it is unclear in which situations politicians use their discretionary power in a partisan manner. We analyze the allocation of presidential disaster declarations in the United States, exploiting the spatiotemporal randomness of...
Persistent link: https://www.econbiz.de/10013291703
, 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 …
Persistent link: https://www.econbiz.de/10012866364
how these beliefs shape investment decisions measured in administrative account data. Individuals’ beliefs exhibit …
Persistent link: https://www.econbiz.de/10013312861
We investigate whether investment incentives work in less developed countries by exploiting the introduction of … accelerated depreciation (AD) for fixed asset investment in China as a natural experiment. In contrast to the large positive … stimulating Chinese firms' investment. Further, using confidential corporate tax returns from a large province, we find that firms …
Persistent link: https://www.econbiz.de/10013313451
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 …
Persistent link: https://www.econbiz.de/10014261020
We study strategic investment decisions in multi-stage contests with heterogeneous players. Our theoretical model of a … accumulate five yellow cards. We find that players with four yellow cards facing the risk of being suspended for the next match …
Persistent link: https://www.econbiz.de/10012892111
What are the incentives for governments to coordinate their policies internationally when there is model disagreement and uncertainty? We build a model where countries disagree on policy targets and how policies affect the economies, and show that uncertainty not only determines the type of...
Persistent link: https://www.econbiz.de/10012892108