We use firm-level panel data to explore the extent to which fixed investment responds to tax reforms in 14 OECD countries. Previous studies have often found that investment does not respond to changes
The cross-sectional dispersion of firm-level investment rates is procyclical. This makes investment rates different from productivity, output, and employment growth, which have countercyclical dispers
This dataset encompasses a comprehensive financial and investment overview of 4,597 listed Chinese firms, capturing a broad spectrum of metrics critical for analyzing the impact of economic policy unc
This paper argues that taxation of retained profits is particularly distortionary in an economy with good growth prospects and poorly developed financial markets because it primarily reduces the inves
