Similar Search Results

Intellectual Property Rights, the Pool of Knowledge, and Innovation

Stiglitz, Joseph E. - 2014

The pace of innovation is related both to the level of investment in innovation and the pool of knowledge from which … and design of IPR affects the extent to which any innovation adds to or subtracts from the pool of ideas that are … lead to a lower pace of innovation, and more generally, that long run effects may be the opposite of the short run effects …

Persistent link: https://www.econbiz.de/10013056191

Intellectual Property Rights, the Pool of Knowledge, and Innovation

Stiglitz, Joseph E. - 2014

Persistent link: https://www.econbiz.de/10012458650

Dividend taxation and intertemporal tax arbitrage

Korinek, Anton; Stiglitz, Joseph E. - 2008

"We analyze the effects of changes in dividend tax policy using a life-cycle model of the firm, in which new firms first access equity markets, then grow internally, and finally pay dividends when they have reached steady state.In accordance with the traditional view of dividend taxation, new...

Persistent link: https://www.econbiz.de/10003680559

Dividend taxation and intertemporal tax arbitrage

Korinek, Anton; Stiglitz, Joseph E. - In: Journal of public economics 93 (2009) 1/2, pp. 142-159

Persistent link: https://www.econbiz.de/10003826462

Dividend Taxation and Intertemporal Tax Arbitrage

Korinek, Anton - 2008

Anticipated dividend tax changes, on the other hand, allow firms to engage in inter-temporal tax arbitrage so as to reduce investors' tax burden. This can significantly distort aggregate investment. Anticipated tax cuts (increases) delay (accelerate) firms' dividend payments, which leads them to...

Persistent link: https://www.econbiz.de/10012464789