A Precarious Balance
Издател: ICS Press
In the past dozen years, new elected governments in much of Latin America and (more recently) all of Eastern Europe have confronted urgent problems associated with economic reform. In both of these regions, the collapse of prior military or communist regimes was partly a result of long-festering economic difficulties. In both, the adoption and the
A Retrospective Evaluation of the Effects of Temporary Partial Expensing
Издател: Board of Governors of the Federal Reserve System
This paper examines how business investment responded to temporary partial expensing, first enacted in 2002 and expanded in 2003. In principle, partial expensing boosted the incentive to invest which should have had a discernable impact on spending. However, the tax changes did not occur in a vacuum, so it is challenging to isolate their impact.
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