investor is a foreigner. While a cut in the statutory corporate tax rate invariably reduces the cost of capital, the impact of …

trivial. We set up a dynamic macroeconomic model of a small open economy where both capital and labor are mobile and there are …

within a standard cost of capital model. Two of the most well-known and most utilized methods, the imputation and the split … earnings. However, all methods are effective when the marginal investment is financed with new share issues. The corporate tax … rate, fiscal allowances, allocation to periodization funds and allocation to tax equalization reserves (or allowance for …

corporate tax borne by capital and labor and the efficiency effects of corporate income tax. The data for the study is compiled …The paper attempts to measure the incidence of corporate income tax in India under a general equilibrium setting. Using … period 2000-15. Our empirical estimates suggest that in India capital bears more of the burden of corporate taxes than labor …

Karl Marx's magnum opus, Das Kapital, presents an analysis of the long run dynamics of a mature capitalist economy. The … analysis is conducted at two primary levels of abstraction - "capital in general" (where competition between individual … located at the level of "capital in general" and the analysis in the third volume is located at the level of "many capitals …

We scrutinize the monetary transmission mechanism in New-Keynesian models, focusing on the role of capital, the key … and inflation in these models through a real interest rate channel is shown to be misguided. A decline in output and … inflation is consistent with a decline, increase, or no change in the real interest rate. The expected path of Taylor rule …

Intangible capital is an important factor of production in modern economies that is generally neglected in business … cycle analyses. We demonstrate that intangible capital can have a substantial impact on business cycle dynamics, especially … if the intangible is complementary with production capacity. We focus on customer capital: the capital embodied in the …