Wait-and-See: Investment Options under Policy Uncertainty
收藏NBER2013-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w19630
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资源简介：
This paper develops a model of investment decisions in which uncertainty about a one-time change in tax policy induces the firm to temporarily stop investing--to adopt a wait-and-see policy. After the uncertainty is resolved, the firm exploits the tabled projects, generating a temporary investment
提供机构：
美国国家经济研究局
创建时间：
2013-11-01
