This paper estimates the causal effect of corporate tax hikes on firm investment based on more than 1,400 local tax … changes. By observing planned and realized investment volumes in a representative sample of German manufacturing firms, we can … study how tax hikes induce firms to revise their investment decisions. On average, the share of firms that invest less than …

Theory suggests that large firms are more likely to engage in lobbying behaviour and are geographically more mobile …

lenders and v) the business cycle effects on the spread between the high-yield and the investment-grade interest rates on …

We extend Trade-Off Theory (TOT) by assuming that EBITDA (Earnings Before Interest, Taxes, Depreciation, and …

Theory recommends aligning the tax treatment of debt and equity. A few countries, notably Belgium, have introduced an …, passive investment, and active investment of multinational firms, using high-quality administrative data on virtually all … multinational affiliates. Additionally, an ACE increases intra-group lending and other forms of passive investment but has no …

This article discusses the effects of an asymmetric tax scheme on incremental and sequential investment strategies. The …

This article discusses the effects of corporate tax asymmetries under investment irreversibility. We introduce a tax …