This note considers a relatively new form of financing for social services, the "Social Impact Bond." Proponents of … in standard financing arrangements. They will lead to greater program success when investors' effort can positively …

investment and actively lobby and donate to politicians. These results continue to hold after controlling for news about the mean …

firm characteristics - Tobin's Q, past investment, earnings-price ratios, market betas, and idiosyncratic volatility of … returns by aggregate investment and valuation ratios; and v) a downward sloping term structure of risk premia for dividend … strips. Our model delivers testable predictions about the behavior of firm-level real variables - investment and output …

This paper investigates the effect of entrepreneurs' personal income tax situations on their capital investment … significant influence on investment decisions. In our sample increase in marginal tax rates would reduce the proportion of … entrepreneurs who make new capital investments by 10.4 percent, and decrease mean investment expenditures by 9.9 percent …