User cost of capital with delayed investment grants

The usual assumption when considering investment grants is that grant payments are automatic when investments are undertaken. However, evidence from case studies shows that there can exist some time lag until funds are received by granted firms. In this paper the effects of delays in grant payments on the optimal investment policy of the firm are analyzed. It is shown how these delays lead not only to a higher financing cost but to an effective reduction in the investment grant rate, and in some cases, how benefits from investment grants could be canceled due to interactions with tax effects.

[Médaille de la Commission impériale commémorant l'exposition universelle de Paris en 1867] / H. Ponscarme f.

Ancien possesseur : Labrouste, Henri (1801-1875)

Audit report on the Cedar County Economic Development Commission for the year ended June 30, 2010

Audit report on the Cedar County Economic Development Commission for the year ended June 30, 2010

Audit report on the Disaster Grants – Public Assistance program of Louisa – Des Moines County Drainage District #4 in Des Moines County and Louisa County, Iowa for the year ended June 30, 2010

Audit report on the Disaster Grants – Public Assistance program of Louisa – Des Moines County Drainage District #4 in Des Moines County and Louisa County, Iowa for the year ended June 30, 2010

Audit report on the Disaster Grants – Public Assistance program of the City of Oakville, Iowa for the year ended June 30, 2009

Audit report on the Disaster Grants – Public Assistance program of the City of Oakville, Iowa for the year ended June 30, 2009

Audit report on the Iowa College Student Aid Commission for the year ended June 30, 2010

Audit report on the Iowa College Student Aid Commission for the year ended June 30, 2010

Report on the Iowa State Civil Rights Commission for the year ended June 30, 2010

Report on the Iowa State Civil Rights Commission for the year ended June 30, 2010

Audit report on the Butler County Solid Waste Commission for the year ended June 30, 2011

Audit report on the Butler County Solid Waste Commission for the year ended June 30, 2011

Audit report on the Rathbun Area Solid Waste Commission for the year ended June 30, 2011

Audit report on the Rathbun Area Solid Waste Commission for the year ended June 30, 2011

2011 Annual Report Capitol Planning Commission, December 6, 2011

This 2011 Annual Report further summarizes the work of the Commission during the last year and provides planning recommendations for the future of the Capitol Complex. Please note that Iowa Code Chapter 8A.373 provides that before any physical changes are made to the state capitol complex "it shall be the duty of the officers, commissions, and councils charged by law with the duty of determining such questions to call upon" the Capitol Planning Commission for advice. The Capitol Planning Commission members, as well as DAS Staff, welcome the opportunity to discuss future projects at the request of any legislator.

Iowa and The U.S. Bicentennial, 1776-1976:The Final Report/Iowa American Revolution Bicentennial Commission, December 1976.

This report contains information on the Iowa American Revolution Bicentennial Commission. It includes the history, member information and their duties, activities performed, photos and a report from each Iowa county on what they accomplished for the celebration of the U.S. Bicentennial.

Audit report on the Wayne-Ringgold-Decatur County Solid Waste Management Commission for the year ended June 30, 2011

Audit report on the Wayne-Ringgold-Decatur County Solid Waste Management Commission for the year ended June 30, 2011

Audit report on the Pocahontas County Solid Waste Commission for the year ended June 30, 2011

Audit report on the Pocahontas County Solid Waste Commission for the year ended June 30, 2011