Determining the Investment Impact of Bulgaria’s 2007 - 2008 Income Tax Reforms

  • Aleksandar VASILEV University of Lincoln, United Kingdom

Abstract

This paper provides a quantitative assessment of the 2007 - 2008 corporate and personal income tax reforms in Bulgaria. The simple investment model, based on Tobin’s q-theory is calibrated to Bulgarian data before and after the reform. Based on numerical simulations, capital stock is predicted to double over the long run.

References

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Published
2020-02-03
How to Cite
VASILEV, Aleksandar. Determining the Investment Impact of Bulgaria’s 2007 - 2008 Income Tax Reforms. Journal of Advanced Studies in Finance, [S.l.], v. 10, n. 2, p. 92-95, feb. 2020. ISSN 2068-8393. Available at: <https://journals.aserspublishing.eu/jasf/article/view/4312>. Date accessed: 23 jan. 2022. doi: https://doi.org/10.14505//jasf.v10.2(20).02.
Section
Journal of Advanced Studies in Finance