Tax Policy and Heterogeneous Investment Behavior

By Eric Zwick, James Mahon. 2017

491 citations recorded by the source corpus.

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Did the paycheck protection program hit the target? (2020, unknown): “4 More broadly, this paper joins a literature focusing on how government interventions following crises impact recovery and the broader economy ( Agarwal et al., 2017; Mian and Suﬁ, 2012; Zwick and Mahon, 2017 ).”
The Effect of Corporate Taxation on Investment and Financial Policy: Evidence from the DPAD (2018, methodology): “Second, using a series of 2,000 block permutation tests, I confirm that when the policy is implemented in an alternative year or treatment is assigned to different industries, the baseline results do not hold. The block permutation tests allay concerns that differences across industries in response ”
Some Causal Effects of an Industrial Policy (2019, background): “Some other studies have also used firm-level econometric techniques to evaluate the direct impact of 3 Holmes (1998); Albouy (2009); and Wilson (2009) consider other place-based tax policies, while Wren and Taylor (1999); Bronzini and de Blasio (2006); Martin, Mayer, and Mayneris (2011); and Becker,”
Financial Heterogeneity and the Investment Channel of Monetary Policy (2018, unknown): “1, this estimated coefficient implies that a one percentage point cut in the interest rate increases annualized investment by 20%, which is at the upper end of estimated user-cost elasticities in the literature (see, for example, Zwick and Mahon (2017)).”