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Optimal investment with lumpy costs

Article Abstract:

An analysis of investment patterns of a firm is presented duly considering factors like uncertainty, irreversibility and lumpy adjustment costs. It is found that changes in adjustment costs makes the firms invest in small quantity. As the firms invest in bigger increments, investment trigger is also increased.

Author: Le, Duc Thuc, Jones, John Bailey
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2005
Financial management, Vietnam, Venture Analysis, Company investment, Investments, Business enterprises, Uncertainty

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Capital tax reform, corporate finance, and economic growth and welfare

Article Abstract:

The strong impact of tax changes on corporate finance is empirically studied. The impact of taxation on structures of finance and production that gives a quantitative reassessment of growth and welfare effects of tax reforms in U.S. economy is explored.

Author: Strulik, Holger
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2003
Tax reform, United States economic conditions, Corporate finance

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Subjects list: United States, Analysis, Forecasts and trends, Market trend/market analysis
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