This paper examines the intertemporal effect of corporate income taxation on the investment behavior of a firm that … the corporate profit tax rate initially reduces investment, but the effect is reversed over time as the firm adjusts its …

productivity slowdown over the past two decades in four closely integrated European countries, Austria, Denmark, Germany and the … Netherlands, based on firm-level data. Participation in global value chains appears to have affected productivity positively …, including through its effect on TFP when facilitated by higher investment in intangible assets, a proxy for firm innovation …

assumption of a one-period perturbation in the capital stock. Instead it allows a permanent investment. While this may appear a … the original EATR: despite the assumption of a one-period investment, the original measure is informative about long …

In this paper I apply firm-level analysis to examine how the Brexit process has affected business investment in the UK … had a considerable and statistically significant negative impact on firm investment in the UK after the referendum. At the … same time, the post-referendum sterling depreciation has likely contributed positively to investment expenditure by more …

France, Germany, Italy, and the United Kingdom during the period of the Stability and Growth Pact (SGP). Our findings … indicate that accuracy of financial expert deficit forecasts increased in France. Convergence between the European Commission …'s and market experts’ deficit forecasts also increased in France, Italy, and the United Kingdom, particularly during the …

core. This paper puts recent demand patterns in France, Germany, and Belgium into historical perspective. We find that …, first, dynamics for private consumption, non-residential business investment, and exports since 2008 is dominated by …

This paper models investment/entry decisions in a competitive industry that is subject to a quantity control on an … permit or a production license). The paper shows that liberalizing the quantity control could reduce investment in the … industry under certain circumstances. Furthermore, the level of investment is quite different when licenses are tradable than …