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01722cas a2200241 a 4500 |
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AALejournalIMF010117 |
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|c 5.00 USD
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|z 9781451978728
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a Tax Policy and Business Investment in the United States :
|b Evidence from the 1980's.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1988.
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|a 1 online resource (42 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper examines the behavior of business fixed investment in the United States in the 1980s. A background discussion of the long-term behavior of the components of business fixed investment is provided, setting the context for the empirical analysis. A standard neoclassical model of business fixed investment is specified and estimated, with output and the cost of capital the primary explanatory variables. Simulation experiments are then conducted with a view to assessing the importance of various contributing factors--in particular tax policy--in influencing the behavior of business fixed investment during the economic expansion that began in late 1982.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 1988/034
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1988/034/001.1988.issue-034-en.xml
|z IMF e-Library
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