, progressive taxation as well as investment and output subsidies to the entrepreneurial sector. …

This work analyses the effect of public subsidies on firms' investments and investment–cash flow sensitivity in a … increased investment rate and a reduced investment–cash flow sensitivity, in the immediately following year. We interpret these … results as an indication of the relaxation of financial constraints. Moreover, while the increase in the investment rate does …

I study how different types of subsidization affect investment decisions in a laboratory experiment. Even though the … investment alternatives get subsidized with tax credits the willingness to invest in the subsidized alternative increases …

Government subsidies are often used to stimulate environment-friendly investment. We find that Chinese firms reduce … green investment as the uncertainty of subsidies rises. This effect is identified from weather-driven fluctuations in air … pollution that lead to fluctuations in subsidy allocations: Firms in cities where weather-driven subsidy uncertainty is high …

multinational firms choose the size of a risky investment and host countries endogenously choose tax rates. We show that coordinated …