Investment with Uncertain Tax Policy: Does Random Tax Policy Discourage Investment?
收藏NBER1994-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4780
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资源简介：
In models with irreversible investment, increasing uncertainty about prices has been shown to increase the required rate of return (hurdle rate) and delay investment (e.g., Pindyck, 1988). One serious form of uncertainty faced by firms, a form that policy makers could conceivably control, is tax
提供机构：
美国国家经济研究局
创建时间：
1994-06-01
