Investment, Overhang, and Tax Policy

By Mihir A. Desai, Austan Goolsbee. 2005

168 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/aec202220bb20b7c20bf037a535f325c38479fc1

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Citations in the corpus

The 2003 Dividend Tax Cuts and the Value of the Firm: An Event Study (2005, background): “Desai and Goolsbee (2004), on the other hand, 1 See Carroll, Hassett and Mackie (2003).”
Investment Incentives and Corporate Tax Asymmetries (2010, unknown): “Results in Column 1 of Table 3 are very similar to those in Desai and Goolsbee [2004]. The coefficient on the tax term for equipment is statistically significant and economically important.”
The Impact of Investment Incentives: Evidence from UK Corporation Tax Returns (2019, background): “for example, Desai and Goolsbee, 2004; Edgerton, 2010; House and Shapiro, 2008; Zwick and Mahon, 2014). This implies that identification in these studies is based on variation across different industries using different mixes of capital assets which are subject to different tax depreciation schedule”
Do Stock Prices Influence Corporate Decisions? Evidence from the Technology Bubble (2013, unknown): “30 (see Desai and Goolsbee (2004) and White (2006)).”
Who Bears the Corporate Tax? A Review of What We Know (2006, unknown): “The provisions (described in more detail by Desai and Goolsbee 2004) provided immediate write-off rather than depreciation for 30 percent (under the 2002 legislation) or 50 percent (under the 2003 legislation) of qualifying investment purchases (equipment investment, plus special purpose structures…”
Sharing Risk with the Government: How Taxes Affect Corporate Risk Taking (2017, unknown): “…(1969).9 To guide our analysis, we apply the logic of Domar and Musgrave’s model of individuals to the context of 8 See Hassett and Hubbard (2002), Desai and Goolsbee (2004), Hassett and Newmark (2008), and Hanlon and Heitzman (2010) for reviews of the literature on taxes and corporate…”
A review of tax research (2010, unknown): “74 See Hassett and Hubbard (2002), Desai and Goolsbee (2004), and Hassett and Newmark (2008) for reviews of the literature on taxes and investment.”