Plausibly Exogenous [1262] - Capital Gains Taxes (07/17/2023)
LHS Variable
Investment
RHS Variable
Capital gains taxes
Source of Exogenous Variation
a unique institutional feature in Korea, where capital gains tax rates vary across firms, and a policy reform that reduces the tax rates for firms affected by the changes in regulations
- Moon (2022), “Capital Gains Taxes and Real Corporate Investment: Evidence from Korea”