present risks is a dichotomic task: Wage risk is diversified ex post among the skilled by graduate taxation and skill … revenue from the graduate tax. -- Human capital investment ; educational risk ; wage risk ; learning effort ; graduate … taxation ; regressive tuition fees …

In this paper we offer an analysis of the effects of uncertainty about future tax policy on irreversible investment …. The main message of the paper is that investment is not much affected by the degreee of tax policy uncertainty. This is … that reducing tax policy uncertainty is probably no magic bullet to increase private investment spending …

Government subsidies are often used to stimulate environment-friendly investment. We find that Chinese firms reduce … green investment as the uncertainty of subsidies rises. This effect is identified from weather-driven fluctuations in air … engage in less green R&D investment, patent applications, and research staff. Industries that are heavy emitters and those …

subsidies. -- Labor taxation ; human capital investment ; education subsidies ; idiosyncratic risk ; risk properties of human …

This paper deals with the effects of tax rate uncertainty on risk-neutral and risk-averse investment behavior. We … analyze effects of stochastic tax rates on both real and financial investment. It emerges that under risk neutrality as well … as under risk aversion, increased tax rate uncertainty has an ambiguous impact on investment behavior, depending on the …

Tax uncertainty often negatively affects investment. Advance tax rulings (ATRs) are commonly used to provide tax … investments or use investment-specific fees. These results provide new explanations for why ATRs are currently not as intensively …