We investigate how labor and investment demand at the firm level (gross as well as net and replacement investment … for the important changes and differences in labor and investment demand between the two subperiods and across the three …

We investigate how labor and investment demand at the firm level (gross as well as net and replacement investment … for the important changes and differences in labor and investment demand between the two subperiods and across the three …

We examine operating and investment decisions in a duopolistic industry in which an initial investment in research … yields an immediate tax benefit for one firm, but creates a net operating loss carryover for the other firm. We show that the … conventional wisdom that suggests that the first firm is in a better position to make the research investment need not hold in a …