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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
affiliation of the future governor is a source of political risk to firms considering business investment. More importantly, the …We estimate the effect of electorally induced policy uncertainty on investment in the manufacturing sector. Because …, and because the policies relevant to business investment vary systematically by party, uncertainty over the partisan …
Persistent link: https://www.econbiz.de/10011451061
can generate systematic biases in revealed preference measures such as spurious risk aversion. These effects are very …
Persistent link: https://www.econbiz.de/10014340230
This article discusses the effects of an asymmetric tax scheme on incremental and sequential investment strategies. The …
Persistent link: https://www.econbiz.de/10011409815
climate policy uncertainty, which delays the low-carbon transition by deterring investment and innovation. …
Persistent link: https://www.econbiz.de/10015359048
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/10012120240
Does increased policy uncertainty dampen investment plans of firms? We provide direct evidence on this question by … induced policy uncertainty have revised their investment plans differently from those that did not perceive an increase in … uncertainty. We find strong evidence that an increase in policy uncertainty does lead firms to reduce their investment plans. As …
Persistent link: https://www.econbiz.de/10011472000
This article discusses the effects of corporate tax asymmetries under investment irreversibility. We introduce a tax …
Persistent link: https://www.econbiz.de/10009781551
Persistent link: https://www.econbiz.de/10003597980
This paper deals with the effects of tax rate uncertainty on risk-neutral and risk-averse investment behavior. We … analyze effects of stochastic tax rates on both real and financial investment. It emerges that under risk neutrality as well … as under risk aversion, increased tax rate uncertainty has an ambiguous impact on investment behavior, depending on the …
Persistent link: https://www.econbiz.de/10011399893