Paolo M Panteghini

Biographic Data

ID2531461
NAMEPaolo M Panteghini
GIVEN NAMESPaolo M
FAMILY NAMEPanteghini
SIGNATUREPANTEGHINI P M
AFFILIATIONSUniversity of Brescia
ORCID0000-0001-6564-0816
VERIFIEDYes
TOTAL WORKS8
TOTAL CITATIONS0
AUTHOR COUNT8
EDITOR COUNT0
FIRST PUBLICATION YEAR2002
LATEST PUBLICATION YEAR2025
H-INDEX0

  • On the main determinants of startup investment in developing countries

    Open AccessNicola Comincioli, Paolo M Panteghini et al.ARTICLEEconomia Politica2025References: 2

  • Environmental taxation and profit-shifting activities

    Open AccessRosella Levaggi, Paolo M PanteghiniARTICLEEcological Economics2023

  • Corporate taxation and financial strategies under asymmetric information

    Open AccessFrancesco Cohen, Alessandro Fedele et al.ARTICLEEconomia Politica2016References: 11

  • Tax Neutrality

    Vesa Kanniainen, Paolo M PanteghiniARTICLEFinanzArchiv2013

    The theoretical work on capital income taxation has focused on conditions under which a tax system preserves investment neutrality. The trouble with such a neutrality view is that it is focused on one margin among others. The economics of start-up firms is, however, fundamentally different from the economics of established corporations. In particular, the opportunity cost of an entrepreneur should be stated in terms of forgone earnings in the lab…

  • The Johansson—Samuelson Theorem in General Equilibrium

    Francesco Menoncin, Paolo M PanteghiniARTICLEFinanzArchiv2013

    The well-known Johansson—Samuelson theorem proves that, in partial equilibrium, comprehensive income taxation with a uniform tax rate does not affect asset values if tax depreciation allowances coincide with economic depreciation. In this article, we show that this result fails to hold in general equilibrium, unless fairly restrictive conditions are met.

  • Fiscal Reforms during Fiscal Consolidation

    Giampaolo Arachi, Paolo M Panteghini et al.ARTICLEFinanzArchiv2012

    We discuss the strengths and weaknesses of the fiscal consolidation package adopted by Italy in 2011. Estimated at 3.3% of GDP, the tax measures were introduced to reduce public deficits without weakening the prospects of economic recovery or producing adverse redistributive outcomes. The tax reform mainly increases consumption and property taxes and gives relief for firms that recapitalize or hire young workers and women. To some extent, these m…

  • Retrospective Capital Gains Taxation in a Dynamic Stochastic World

    Francesco Menoncin, Paolo M PanteghiniARTICLEFinanzArchiv2010

    We analyze Auerbach's (1991) proposal of a retrospective capital gains tax, which is equivalent to an accrual tax on an ex ante basis. Using a continuous-time model with stochastic interest rates and serially correlated asset returns, we prove that such an equivalence still holds. This means that in a more realistic setting the realization-based system requires no ad hoc adjustment for equivalence to hold.

  • Corporate Tax Asymmetries under Investment Irreversibility

    Paolo M PanteghiniARTICLEFinanzArchiv2002

    This article studies the effects of corporate tax asymmetries on irreversible investment. We discuss an asymmetric tax scheme where the tax base is given by the firm's return, net of an imputation rate. When the firm's return is less than this rate, however, no tax refunds are allowed. Contrary to common wisdom, this asymmetric scheme may be neutral even when assuming a long-lasting income uncertainty. Neutrality holds even if we add both capital…