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. Therefore, in an inflationary period generous tax depreciation provisions do not promote private investment as designed, but …
Persistent link: https://www.econbiz.de/10011514138
This paper addresses the issue of how regulatory constraints affect firm s investment choices when the firm has an … option to delay investment. The RPI-x rule is compared to a profit sharing rule, which increases the x factor in case profits … go beyond a given level. It is shown that a pure price cap and profit sharing are identical in their impact on investment …
Persistent link: https://www.econbiz.de/10011507879
In this paper we offer an analysis of the effects of uncertainty about future tax policy on irreversible investment …. The main message of the paper is that investment is not much affected by the degreee of tax policy uncertainty. This is … that reducing tax policy uncertainty is probably no magic bullet to increase private investment spending …
Persistent link: https://www.econbiz.de/10009781588
pay back debt. In the long run, the allocation of undistributed cash to investment, retained earnings, and debt repayment …
Persistent link: https://www.econbiz.de/10013475268
Persistent link: https://www.econbiz.de/10003597980
This article discusses the effects of an asymmetric tax scheme on incremental and sequential investment strategies. The …
Persistent link: https://www.econbiz.de/10011409815
We analyse the effects of investment decisions and firms internal organisation on the efficiency and stability of …
Persistent link: https://www.econbiz.de/10011507904
Using an intertemporal model of saving and capital accumulation we demonstrate that it is impossible for any binding minimum wage to increase the after-tax incomes of workers if the production function is Cobb-Douglas with constant returns to scale, or if there are no differences in ability...
Persistent link: https://www.econbiz.de/10010358969
returns to scale and heterogeneity of ability among workers, unless the welfare support provided to unemployed workers is far …
Persistent link: https://www.econbiz.de/10011481224
We examine the effects of unilateral changes in a country's tax parameters in a two country model when both countries are part of a destination-based cash flow taxation (DBCFT) system. We consider deviations from a globally efficient DBCFT equilibrium by allowing each country to vary its...
Persistent link: https://www.econbiz.de/10012417725