Showing 1 - 10 of 658
In this paper the impact of the corporate tax systems of the 15 EU-member states on the investment and the financing … which can affect cross-border location, investment and financing decisions. Moreover, recent reform proposals in Germany are … likely to have an impact both on investment patterns and financing decisions of US multinationals in Germany. …
Persistent link: https://www.econbiz.de/10013428280
Persistent link: https://www.econbiz.de/10000417008
Persistent link: https://www.econbiz.de/10003471590
Persistent link: https://www.econbiz.de/10011410518
Persistent link: https://www.econbiz.de/10002809361
Persistent link: https://www.econbiz.de/10012208719
The corporate finance literature documents that managers tend to over-invest in their companies. A number of theoretical contributions have aimed at explaining this stylized fact, most of them focusing on a fundamental agency problem between shareholders and managers. The present paper shows...
Persistent link: https://www.econbiz.de/10011895831
Persistent link: https://www.econbiz.de/10003842089
We use a New Keynesian DSGE model with search frictions on the housing market to evaluate how financing a labor tax reduction by higher property taxation affects the real economy and welfare. Search on the housing market enables us to explicitly model stocks and flows, which is necessary to...
Persistent link: https://www.econbiz.de/10011897973
Persistent link: https://www.econbiz.de/10000809095