Investment timing effects of wealth taxes under uncertainty and irreversibility
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DOI: 10.1007/s11573-018-0918-4
Abstract: We analyze the impact of wealth taxes on investment timing decisions under uncertainty and irreversibility by employing a real options model of the Dixit/Pindyck type. Considering that wealth taxes have been (re-)introduced or are under… read more here.
Keywords: tax; investment; wealth tax; timing ... See more keywords