depreciation is an increasing function of the degree of capacity utilization. This hypothesis implies analytical results that …

. Accordingly, R&D firms will optimally adjust their investment decisions to fit tax schedule changes. This study analyzes how … implementation. For this purpose, we consider adjustment costs involved in the investment process and allow firms to make a forward … looking investment decision in a R&D-based endogenous growth model. Calibrating the model with U.S. data, we find that a …

In this paper, we study how lower corporate tax rates impact investment by including two novel channels into a DSGE … their investment further. We find that a one percentage point reduction in the corporate tax rate increases investment by 0 … model to analyze the tax reform in Norway from 2014 to 2019, we find overall positive effects on investment and employment. …

policy that permits firms to postpone depreciation, as well as to accelerate, may stimulate investment …Prior studies have shown limited impact of the US bonus depreciation rules on firm investments during economic … downturns. In this article we study the effects of a set of more flexible rules – discretionary tax depreciation (DTD …