temporary cut in corporate income tax rates leads to a long-lasting increase in innovation and productivity, whereas changes in …

. Our main findings are that, in response to a corporate tax cut: (i) labor productivity increases; (ii) entry increases … findings, we build a New Keynesian model with idiosyncratic firm productivity, and firm entry and exit. Our model features … productivity gains due to selection along both the entry and exit margins in response to the shock. Models with homogeneous firms …

This paper quantifies the impact of effective corporate tax rates on aggregate total factor productivity (TFP). Using …

foster R&D spending and innovation, leading to a persistent increase in aggregate productivity and output. In contrast …, changes in the average personal income tax rate have mostly short-term effects. An estimated endogenous productivity model … rate of return to investment in innovation between 20% and 75%. …

We study how profit taxation affects plants' R&D spending and innovation activities. Relying on geocoded survey panel …

We study how profit taxation affects plants' R&D spending and innovation activities. Relying on geocoded survey panel …