Arbeitspapier
Endogenous Timing and the Taxation of Discrete Investment Choices
This article discusses the effects of taxation on the discrete choice of alternative projects. In particular, it is shown that if taxation affects the optimal timing of irreversible investment, then the discrete choice is distorted as well. This result has both methodological and political implications.
- Sprache
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Englisch
- Erschienen in
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Series: CESifo Working Paper ; No. 723
- Klassifikation
-
Wirtschaft
Business Taxes and Subsidies including sales and value-added (VAT)
Fiscal Policies and Behavior of Economic Agents: Firm
- Thema
-
effective average tax rate
timing and real options
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Panteghini, Paolo
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2002
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Panteghini, Paolo
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2002