"In aggregate models, costs that penalise changes in investment--investment adjustment costs-- have been introduced to … investment adjustment costs and the traditional capital adjustment costs as special cases. The estimated weight on the former is … close to zero for all the industries. When only the investment adjustment cost structure is considered, the estimates of the …

This paper analyzes the role of Thin-Capitalization rules for capital structure choice and investment decisions of … investment but also their tax-sensitivity. An empirical investigation of leverage and investment reported for affiliates of …. While Thin-Capitalization rules are found to be effective in restricting debt finance, investment is found to be more …