Robust stimulus of private investment: Tax rate cut or investment subsidy?

DOI10.1111/ijet.12303zbMath1530.91414OpenAlexW3144419391MaRDI QIDQ6074911

Jinqiang Yang, Yingjie Niu, Siqi Zhao

Publication date: 19 October 2023

Published in: International Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/ijet.12303

zbMATH Keywords

investmentKnightian uncertaintyreal optioninvestment subsidytax rate reduction

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Corporate finance (dividends, real options, etc.) (91G50)

Cites Work

• Risk, uncertainty, and option exercise
• How to maximize domestic benefits from foreign investments: the effect of irreversibility and uncertainty
• Investment stimuli under government present-biased time preferences
• Accelerated depreciation, default risk and investment decisions
• Model uncertainty and intertemporal tax smoothing
• Irreversible investment and Knightian uncertainty
• Risk, Ambiguity, and the Savage Axioms
• Robustness
• Ambiguity, Risk, and Asset Returns in Continuous Time

This page was built for publication: Robust stimulus of private investment: Tax rate cut or investment subsidy?