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.
- Language
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 723
- Classification
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Wirtschaft
Business Taxes and Subsidies including sales and value-added (VAT)
Fiscal Policies and Behavior of Economic Agents: Firm
- Subject
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effective average tax rate
timing and real options
- Event
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Geistige Schöpfung
- (who)
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Panteghini, Paolo
- Event
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Veröffentlichung
- (who)
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Center for Economic Studies and ifo Institute (CESifo)
- (where)
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Munich
- (when)
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2002
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Panteghini, Paolo
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2002