One way to get more and better data would of course be to implement a large corporate tax cut. But other policy settings also have to be supportive of investment demand too, especially against the backdrop of global economic policy uncertainty. The experience in the UK was that post-Brexit uncertainty undermined the effectiveness of investment incentives. Thanks for the shout-out. Comp renewed for another 12 months.
One way to get more and better data would of course be to implement a large corporate tax cut. But other policy settings also have to be supportive of investment demand too, especially against the backdrop of global economic policy uncertainty. The experience in the UK was that post-Brexit uncertainty undermined the effectiveness of investment incentives. Thanks for the shout-out. Comp renewed for another 12 months.
A large tax cut ... with lots of random cut offs and step changes!
The RBA paper is estimated off the back of the definition of small businesses so the results shouldn't be too badly affected by macro circumstances.