relevant for Germany in view of the heavy losses from renting. Using micro data from tax statistics we analyze the income tax …

corporate tax reform in Germany. The financial leverage is measured by the ratio of long-term debt to total capital. Endogeneity … that benefit from various other forms of tax shields, in particular depreciation allowances and tax loss carry …

introduction of a major corporate tax reform in Germany. Endogeneity of the effective tax rate is controlled for by an instrumental …

In Germany, the tax loss carry-forward of corporations significantly increased over the last decade. At the same time … simulation model for the corporate sector in Germany to evaluate the fiscal effects of these restrictions. Additionally …

corporate income tax rate was partly compensated for by stricter depreciation allowances. Investment dynamics appear to be … not been considered in previous studies on investment even though most (if not all) panel data sets on firms are … crucial for the coefficients of cash flow variables in investment equations. While cash flow effects are present in the (first …

puzzle. The analysis is based on a large, representative panel data set for Germany, which provides information on asset …

of the US, OFDI has positive long-run effects on domestic investment while in the case of Germany the reverse effect is …This paper examines the impact of outward foreign direct investment (OFDI) on domestic investment by applying co …-integration techniques to macroeconomic time series data for the United Sates and Germany. We show that the two countries differ: In the case …

The relationship between land investment and tenure security is usually tested in land scarce but peaceful areas. This … article examines instead the effects of land abundance and war for investment and tenure security. The paper demonstrates that … war enhances land abundance. This implies that farm size for the analysis of land investment and tenure security. The …