likely consequences of proposed future tax changes. Consideration of short-run effects of tax reform on investment and market … new and old capital. The model described in this paper considers investment in equipment and investment in plant … investment plans. We examine the consequences of the nonindexation of depreciation benefits as well as the introduction of the …

The taxation of corporate assets is well understood to influence investment and firm valuation. This paper explores the … incentives than those implied by the usual static analysis. Simulation results suggest that investment is sensitive to future tax …

presents a dynamic analysis of the impact of taxation on investment when gains and losses are treated asymmetrically. The …

newly produced capital differently from old capital. Policies that do make this distinction are denoted investment policies … new capital, investment incentives can generate significant inframarginal redistribution from current holders of wealth to … general equilibrium, perfect foresight, overlapping generations life-cycle model, are:1)Investment incentives, even if …

the present value of the returns from an initial investment of [1pound], using the social discount rate, should be equal …

for investment in equipment and find that the responsiveness of Swedish firms to the user cost is quite similar to that … impact of the reform on investment is likely to have been minor and had little to do with the contemporaneous sharp drop in … investment …

argued in two papers that the link between equipment investment and economic growth across countries is stronger than can be … generated by the Solow model. Accordingly, they conclude that such investment yields important external benefits. However, their … externalities to equipment investment. In particular, we find that the empirical link between investment and growth in the OECD …

The Tax Reform Act of 1986 was expected to cause an overall decline in business fixed investment and a shift in the … composition of investment away from machinery and equipment, which previously had received an investment tax credit. Yet neither … investment relative to GNP nor equipment investment relative to total investment declined during the period 1987-89. This paper …

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 …

attributable to increased investment incentives during that period. Using estimates of a three-state (taxable, not taxable …