incentive effects of such reforms on the SMEs’ investment decisions adopting simple present value model. Ceteris paribus tax …

incentive effects of such reforms on the SMEs’ investment decisions adopting simple present value model. Ceteris paribus tax …

-sized enterprises (SMEs). This study compares incentive effects of such reforms on the SMEs' investment decisions adopting a simple …

Using a firm-level panel data set I assess whether dynamic models of investment provide an empirically fruitful …) complementing the usual estimation of a distributed lag model. A correction term accounts for non-random sample attrition, which has … not been considered in previous studies on investment even though most (if not all) panel data sets on firms are …

In this study we investigate the impact of the thin capitalization rule (TCR), introduced in Germany in 2008, on firms …' capital structure, investment and profitability. The identification of the causal effects is based on the escape clauses in … base. In general, in the short term, no negative investment effects are caused by the TCR. This suggests that a part of the …

We contribute to the empirical literature on the relationship between corporate taxes and investment. We exploit the … capital spending of Belgian corporations, we focus on the indirect effect of taxes on investment via their impact on free cash …-flow. We use the systematic variation of the cash-flow sensitivity of investment between small and medium versus large firms to …