Brasch, Thomas von; Frankovic, Ivan; Tölö, Eero - 2021
In this paper, we study how lower corporate tax rates impact investment by including two novel channels into a DSGE … their investment further. We find that a one percentage point reduction in the corporate tax rate increases investment by 0 … model to analyze the tax reform in Norway from 2014 to 2019, we find overall positive effects on investment and employment. …