demonstrates the neutrality properties of the reform with respect to investment, firm financial decisions and organizational choice …. Tax rates are chosen to prevent income shifting from labor to capital income. The reform decisively strengthens investment …

für Beschäftigung und Wachstum in Deutschland verbessern und die Staatsfinanzen stabilisieren. Gerhard Stratthaus … des Wirtschaftsstandorts Deutschland, von dem ein erhöhtes Engagement in- und ausländischer Investoren ausgehen wird. Aber …

In recent years, a lot of rules concerning government expenditures as well as tax revenues were changed in Germany …

In Deutschland wird eine umfassende Steuerstrukturreform bereits seit Jahren kontrovers diskutiert. Mit dem Eintritt …

Facing very modest GDP growth in Germany in 2001 and 2002, it is investigated if potential output will – as usually …

formulate a model of financing. New Keynesian theory emphasizes that a firm's net worth influences investment decisions and … banks lending reaction to the net worth ratio is more elastic than investment reaction. When the steady state is the saddle …

more favourable loan package; that it is associated with over-investment even when investment does not create collateral …

holds for the microeconomic response of some of the most important economic variables, such as investment, labor demand, and … actual response to shocks is less than half as fast as the estimated response. For investment, labor demand and prices, the …, even after aggregating investment across all establishments in U.S. manufacturing, the estimate of its speed of adjustment …