The empirical literature that seeks to measure the effective tax rate on new investment offers a striking paradox. On … the one hand, summary measures of the effective tax rate on new investment are normally quite high. On the other hand, the … tax rate on new investment. It is much more robust than the standard measures, such as King-Fullerton marginal effective …

United Kingdom is similar to the US pattern. France had less progressive taxes than the US or UK in 1970 but has experienced …

We incorporate the lumpy nature of firm-level investment into the study of how tax policy affects investment behavior …. We show that tax policies can directly impact the lumpiness of investment. Extensive-margin responses to tax policy are … these results by studying China's 2009 VAT reform, which lowered the tax cost of investment and reduced partial …

for investment in equipment and find that the responsiveness of Swedish firms to the user cost is quite similar to that … impact of the reform on investment is likely to have been minor and had little to do with the contemporaneous sharp drop in … investment …

In theory, the U.S. tax system aims to attribute and tax all business income to individuals. But the tax treatment of …

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 …

This paper derives analytical measures of the combined effects of tax changes and adjustment costs on investment and …