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U.S. investment since the Tax Cuts and Jobs Act of 2017

Kopp, Emanuel; Leigh, Daniel; Mursula, Susanna; … - 2019

There is no consensus on how strongly the Tax Cuts and Jobs Act (TCJA) has stimulated U.S. private fixed investment …. Some argue that the business tax provisions spurred investment by cutting the cost of capital. Others see the TCJA … primarily as a windfall for shareholders. We find that U.S. business investment since 2017 has grown strongly compared to pre …

Persistent link: https://www.econbiz.de/10012022032

Essays on monetary policy interactions with fiscal policy and financial markets

Niemann, Stefan (contributor) - 2008

Persistent link: https://www.econbiz.de/10003652546

The myth of Rubinomics

Liard-Muriente, Carlos F.; Meeropol, Michael - In: Humanomics 25 (2009) 3, pp. 204-216

Persistent link: https://www.econbiz.de/10003903144

Fiscal stimulus : a neoclassical perspective

Strulik, Holger; Trimborn, Timo - 2009

Can a large-scale defcit spending program speed up recovery after recession? To answer that question we calibrate a standard neoclassical growth model with US data and assume that an exogenous shock has driven aggregate output far below steady-state level. We calibrate the model such that a...

Persistent link: https://www.econbiz.de/10003857658

The investment-finance link : investment and US fiscal policy in the 1990s

Fazzari, Steven M. - 1993

The author of this brief offers evidence that policies aimed at stimulating private sector investment through interest … saving or lowering the budget deficit, a higher level of business investment is not one of them. Rather, because of the … sizable effects of the business cycle and financial channels on investment, such a program will weaken the economy in the …