Higher corporate taxes stifle innovation: Minneapolis Fed paper

minneapolis-fed

A Minneapolis Federal Reserve paper, published on Tuesday (October 11), says policies that tax corporate profits and make it more costly for firms to start up or operate have a negative influence on innovation.

Andrew Atkeson and Ariel Burstein, the paper's authors, establish a benchmark model of innovation that measures the long-run macroeconomic impact of a range of innovation policy options. They examine which policy options are most successful in spurring innovation at companies, given their

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: