Regional economic growth is closely related to the optimization of the use of natural and
human resources. This study aims to analyze:(1) The use of natural and human resource …

This literature review evaluates the development and impact of analytical tax research (ATR)
from 2000 until 2022. Based on 345 research papers, we (1) identify emerging and declining …

Based on a quasi-natural experiment of an accelerated depreciation tax policy (ADP) for
fixed assets in China, we examine the impact of the ADP on corporate cash holdings. Using …

We find that 43% of firms that make payouts also raise capital during the same year,
resulting in 31% of aggregate payouts being externally financed, primarily with debt. Most …

This study empirically examines whether firms reclassify related-party payments to avoid the
base erosion and anti-abuse tax (BEAT) of the Tax Cuts and Jobs Act (TCJA). We leverage …

Taxation is a central economic policy tool; in recent years, governments use tax policy to
stimulate local economic growth, regulate multinational firms, and mitigate climate change …

This paper develops an index to measure the job policy uncertainty (JPU) of Chinese high-
tech talents in the US, and investigates the impact of the US JPU on the competitive …

This study examines the effect of the 2017 Tax Cuts and Jobs Act (TCJA) on capital
investment, labor investment, and the productivity of foreign subsidiaries of US multinational …

We develop a method for estimating individual firm heterogeneity in the stock market impact
of aggregate events, using data on both stock and options prices. Our method impounds the …

Abstract The Tax Cuts and Jobs Act unlocked as much as $1.7 trillion of US multinationals'
foreign cash. We examine the real and financial response to this liquidity shock and find that …