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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w19630 |
来源ID | Working Paper 19630 |
Wait-and-See: Investment Options under Policy Uncertainty | |
Nancy L. Stokey | |
发表日期 | 2013-11-07 |
出版年 | 2013 |
语种 | 英语 |
摘要 | This paper develops a model of investment decisions in which uncertainty about a one-time change in tax policy induces the firm to temporarily stop investing--to adopt a wait-and-see policy. After the uncertainty is resolved, the firm exploits the tabled projects, generating a temporary investment boom. |
主题 | Microeconomics ; Behavioral Economics ; Macroeconomics ; Consumption and Investment ; Business Cycles ; Public Economics ; Taxation |
URL | https://www.nber.org/papers/w19630 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/577304 |
推荐引用方式 GB/T 7714 | Nancy L. Stokey. Wait-and-See: Investment Options under Policy Uncertainty. 2013. |
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