We analyse how tax incentives in the form of accelerated depreciations ("bonus depreciation") affect business investment. By exploiting exogenous variation in tax regulation of a regional bonus depreciation program in the former East Germany, we identify and quantify the impact from bonus...

One common rationale supporting public financing programs for small firms is that initial public investment creates incentives for follow-on private investment. However, there does not appear to be a unified statement in the literature describing how initial public investment creates incentives...

In a controlled laboratory experiment we use one sample of students and one of mature individuals participating in an executive education entrepreneurship seminar to examine how positive skew influences risky choices. Both groups are found to respond positively to skew. We estimate decision...

The small business owner can take advantage of borrowing rates of 7-8% to fund tax deductible pensions and profit sharing plans that defer the high marginal tax rates of 30-35%. This form of tax arbitrage will allow a small business owner to quickly build assets for retirement in a safe and...

The problem of taxpayers claiming income tax loss deductions for hobby/lifestyle activities has been a perennial issue for the Australian income tax system. As a result of the 1999 Review of Business Taxation's (herein after the ‘Review') report the federal Government introduced non-commercial...