Climate Change Science

Climate Change Science

Author: National Research Council

Publisher: National Academies Press

Published: 2001-06-28

Total Pages: 41

ISBN-13: 0309183359

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The warming of the Earth has been the subject of intense debate and concern for many scientists, policy-makers, and citizens for at least the past decade. Climate Change Science: An Analysis of Some Key Questions, a new report by a committee of the National Research Council, characterizes the global warming trend over the last 100 years, and examines what may be in store for the 21st century and the extent to which warming may be attributable to human activity.


U.S. Investment Since the Tax Cuts and Jobs Act of 2017

U.S. Investment Since the Tax Cuts and Jobs Act of 2017

Author: Emanuel Kopp

Publisher: International Monetary Fund

Published: 2019-05-31

Total Pages: 37

ISBN-13: 1498317049

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There is no consensus on how strongly the Tax Cuts and Jobs Act (TCJA) has stimulated U.S. private fixed investment. Some argue that the business tax provisions spurred investment by cutting the cost of capital. Others see the TCJA primarily as a windfall for shareholders. We find that U.S. business investment since 2017 has grown strongly compared to pre-TCJA forecasts and that the overriding factor driving it has been the strength of expected aggregate demand. Investment has, so far, fallen short of predictions based on the postwar relation with tax cuts. Model simulations and firm-level data suggest that much of this weaker response reflects a lower sensitivity of investment to tax policy changes in the current environment of greater corporate market power. Economic policy uncertainty in 2018 played a relatively small role in dampening investment growth.


Budget-in-brief

Budget-in-brief

Author: United States. Department of Energy. Office of Energy Efficiency and Renewable Energy

Publisher:

Published: 1996

Total Pages: 24

ISBN-13:

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