Hassett, Kevin A.; Glenn Hubbard, R. - In: Handbook of public economics : volume 3, (pp. 1293-1343). 2002
In this survey, we review research on tax policy and business investment with four objectives. First, we use a simple … prototypical dynamic neoclassical investment model to derive and explain effects of taxation on business investment in the long run … arguments for and against using tax policy to influence the level or timing of investment. While there is a consensus about the …
