Did ACRS Really Cause Stock Prices to Fall?
收藏数据链接：
官方服务：
资源简介：
This paper tests the hypothesis that the introduction of the Accelerated Cost Recovery System in 1981 caused a reduction in stock prices by reducing the value of existing capital. A second hypothesis that these depreciation changes benefited firms by increasing the return from new investment is also
提供机构：
美国国家经济研究局创建时间：
1989-05-01
