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Year: 1996 Publisher: Cambridge, Mass. National Bureau of Economic Research
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Year: 1996 Publisher: Washington, D.C. Federal Reserve Board
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Year: 1996 Publisher: Cambridge National Bureau Of Economic Research. Working Paper Nr. 5683
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Year: 1996 Publisher: Cambridge, Mass. National Bureau of Economic Research
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In this paper, we summarize recent advances in the study of effects of tax policy on the fixed investment decisions of firms. We attempt to identify consensus where it has been achieved and to highlight important unresolved issues. In addition, we discuss the implications of recent findings for the analysis of policy options, and discuss arguments for and against long-run tax policy that favors business investment spending.
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