此篇论文发表在2016年Review of Economic Dynamics上。 作者建立一个投资决定的模型。 通过此模型来分析短期税收政策的改变对投资的影响。

Abstract

This paper develops a model of investment decisions in which uncertainty about a one-time change in tax policy induces the firm to temporarily stop investing—to adopt a wait-and-see policy. After the uncertainty is resolved, the firm exploits the tabled projects, generating a temporary investment boom.