The empirical literature that seeks to measure the effective tax rate on new investment offers a striking paradox. On … the one hand, summary measures of the effective tax rate on new investment are normally quite high. On the other hand, the … tax rate on new investment. It is much more robust than the standard measures, such as King-Fullerton marginal effective …

The empirical literature that seeks to measure the effective tax rate on new investment offers a striking paradox. On … the one hand, summary measures of the effective tax rate on new investment are normally quite high. On the other hand, the … tax rate on new investment. It is much more robust than the standard measures, such as King-Fullerton marginal effective …

can be measured. The focus is on measures derived from economic theory. Two measures are derived effective marginal and … average tax rates which reflect different forms of investment decisions. A number of extensions to the basic model are …

technology of private investment. Government policies that discourage saving might make the Schumpeterian vision of a shift from …

can be measured. The focus is on measures derived from economic theory. Two measures are derived - effective marginal and … average tax rates - which reflect different forms of investment decisions. A number of extensions to the basic model are …