Comincioli, Nicola; Panteghini, Paolo; Vergalli, Sergio - 2021
investment project, the tax revenue generated and the welfare are influenced by financial instability. Then, a comparison of … welfare effects of tax policy on start-ups, mature and obliged firms is provided. This comparison provides policy-makers a … tool to shape their tax systems according to the characteristics of their firms. All presented analyses are supported by …