towards the firm's investment and financing decisions and towards the decisions of shareholders to realize their shares …

business income to tax authorities, we show that a fall in the tax rate may increase investment in risky entrepreneurial … business equity at the intensive margin, but decrease entrepreneurial investment at the extensive margin. To test these … due to tax avoidance or evasion, but increase investment in private businesses that are also worthwhile in the absence of …

-binding investment credit limit. Permanent dividend tax reforms distort capital investment decisions in the binding long-run equilibrium …

intertemporalen Gleichgewichtsmodells, ein Vergleich von optimalem Wirtschaftswachstum ohne und mit Steuern sowie eine …

, financial investment analysis or asset and portfolio management. And yet, at least in most of the developed countries, the … therefore lead to important changes in investment choices and to the allocation as many resources to dealing with fiscal issues … investment depends, to a certain extent, on its timing. Second, because taxes on operating and capital losses are not immediately …