suited for measuring the supply of new funds for investment and capital accumulation, it is not clear that they should be the …

public revenues, investment funds, and equity it implies. Income from a U.S. trade or business conducted by foreigners … treatment available at home, but raises troublesome issues of equity, the treatment of foreign investment, and transition …

In this paper we derive a model of aggregate investment that builds from the lumpy microeconomic behavior of firms … aggregate investment obtained from adding up the actions of firms subject to aggregate and idiosyncratic shocks, is highly non … postwar sectoral U.S. manufacturing equipment and structures investment. For a given sequence of aggregate shocks, the …

This paper derives and estimates models of nonresidential investment behavior in which current and future tax … postwar U.S. investment behavior, particularly for investment in machinery and equipment. In addition, the paper develops a … method for assessing the impact of tax policy on the volatility of investment when such policy is endogenous. Illustrative …

This paper derives analytical measures of the combined effects of tax changes and adjustment costs on investment and …

we have calculated in real terms across countries and over time indicate that US investment ratios have been rising over …