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This paper deals with the effects of tax rate uncertainty on risk-neutral and risk-averse investment behavior. We … as under risk aversion, increased tax rate uncertainty has an ambiguous impact on investment behavior, depending on the … that tax policy uncertainty depresses real investment is rejected. Tax neutrality in the light of tax policy uncertainty is …
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as under risk aversion, increased tax rate uncertainty has an ambiguous impact on investment behavior, depending on the … that tax policy uncertainty depresses real investment is rejected. Tax neutrality in the light of tax policy uncertainty is … tax rate uncertainty. …
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