G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w19630
来源IDWorking 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
URLhttps://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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