the tax. Therefore, reductions in the company tax rate would barely stimulate investment: there is no or no material tax …

We analyze how tax incentives (bonus depreciation) affect real investment choices of firms by exploiting an exogenous …, but also to identify which types of investment (equipment, buildings, land) are are most affected (asset structure). Our … baseline results suggest that the DAL increased real gross investment by 16.0% to 19.9%. This aggregate effect is primarily …

valuing firms or assessing investment projects. A comparison of several major industrial countries yields the result that … structures, it is possible to link this tax benefit to a new investment in normal-taxed assets. This allows calculating the … reduction in an investment's cost of capital. All in all, the results indicate a substantial impact of the analyzed strategy on …

tax rates (a) on the effective tax rate, and (b) on the operational risk of capital investment projects and their parent … spectrum of risky capital investment projects, both metrics are applied to a stationary in mean and variance stochastic NPVτ …