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Ankündigungseffekt 1 Announcement effect 1 Capital income 1 Cost of capital 1 Cumulative abnormal returns 1 Event study 1 Excess returns 1 Finanzpolitik 1 Fiscal policy 1 Investition 1 Investment 1 Kapitaleinkommen 1 Kapitalkosten 1 R&D 1 Research and Development 1 Risiko 1 Risk 1 Steuerpolitik 1 Steuerwirkung 1 Sunset provision 1 Tax effects 1 Tax extension 1 Tax policy 1 Temporary tax 1 Theorie 1 Theory 1 Uncertainty shocks 1 User cost of capital 1
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Free 1
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Book / Working Paper 1
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Arbeitspapier 1 Working Paper 1
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English 1
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Chang, Andrew C. 1
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FEDS Working Paper 1 Finance and economics discussion series 1
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Nothing is certain except death and taxes : the lack of policy uncertainty from expiring "temporary" taxes
Chang, Andrew C. - 2018
What is the policy uncertainty surrounding expiring taxes? How uncertain are the approvals of routine extensions of temporary tax policies? To answer these questions, I use event studies to measure cumulative abnormal returns (CARs) for firms that claimed the U.S. research and development (R&D)...
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