carefully coordinated features of a more comprehensive income tax, including the indexation of interest, depreciation, and …

maximizing the property's depreciation tax shelter net of all capital gain taxes and transaction costs.This paper develops a … dynamic programming model in which the optimal trading strategies and depreciation methods of all investors in a property are … simultaneously determined. The effects of inflation, depreciation, recapture and choice of depreciation method are analyzed, and the …

With the existing "historic cost" method of depreciation, higher inflation rates reduce the real value of future … depreciation deductions and therefore raise the real net cost of investment. The calculations in this paper show that this rise in … rate. The effects of inflation on the net cost of investment can be completely eliminated by indexing depreciation. A more …

. In contrast, the elasticity of investment supply can be inferred from quantity data alone. The bonus depreciation … theory. In the law, certain types of long-lived capital goods qualify for substantial tax subsides while others do not. The … elasticity of investment supply is high--between 10 and 20. Market prices do not react to the subsidy as the theory dictates …

We estimate the effect of temporary tax incentives on equipment investment using shifts in accelerated depreciation …. Analyzing data for over 120,000 firms, we present three findings. First, bonus depreciation raised investment in eligible …

Human capital can depreciate if skills are unused. But estimating human capital depreciation is challenging, as worker … estimate a skill depreciation rate of 4.3% and experience returns of 6.8% …

Measuring the private returns to R&D requires knowledge of its private depreciation or obsolescence rate, which is … depreciation rate to construct R&D capital stocks and measure the returns to R&D, a rate usually equal to 15 per cent. In this … returns can be inverted to derive an implied depreciation rate for R&D capital. I then test these ideas on a large unbalanced …