’ productivities from their education choices. In reality, firms also use sophisticated pre–employment auditing to learn workers …

This paper estimates the causal effect of corporate tax hikes on firm investment based on more than 1,400 local tax … changes. By observing planned and realized investment volumes in a representative sample of German manufacturing firms, we can … study how tax hikes induce firms to revise their investment decisions. On average, the share of firms that invest less than …

IT investment in any sectors, it does significantly improve labor productivity for firms in manufacturing and in …

digitization, both in personal and professional life. I address the question of which actors should contribute to investment costs …

pay back debt. In the long run, the allocation of undistributed cash to investment, retained earnings, and debt repayment …

between countries generates positive investment spillover, intra-firm production linkages predict negative spillover. Using … subsidiary-level data and exogenous corporate tax hikes, we find that local business units cut investment by 0.4% for a 1 …

An important strand of research in macro-finance investigates which factors impede enterprise investment, and … equilibrium model with heterogeneous firms whose capital investment decisions are distorted by red tape. We find that the …

In this paper we offer an analysis of the effects of uncertainty about future tax policy on irreversible investment …. The main message of the paper is that investment is not much affected by the degreee of tax policy uncertainty. This is … that reducing tax policy uncertainty is probably no magic bullet to increase private investment spending …

This paper analyses the impact of exchange rate uncertainty upon the pattern of investment in different exchange rate … exchange rate regimes indicates that currency volatility exerts only a small influence upon the level of investment spending …

. This paper analyses the investment incentives of such agents and the role of incumbency advantages in the contest …. Depending on the advantages, an increase in the productivity of the investment can decrease or increase the amount of investment …. The results are applied to autocrats' investment behavior and job specific investment in organizations. …