Implications of the Home Bias: A Pecking Order of Capital Inflows and Corrective Taxation.

Even Though financial markets today show a high degree of integration, the world capital market is stil far from the textbook story of high capital mobility. The purpose of this paper is to highlight key sources of market failure in the context of international capital flows and to provide guideline for efficient tax structure in the presence of capital market imperfections.

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Year of publication:	1997
Authors:	Razin, A. ; Sadka, E. ; Yuen, C.W.
Institutions:	Foerder Institute for Economic Research, Eitan Berglas School of Economics
Subject:	FOREIGN INVESTMENTS \| INFORMATION

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Series:	Tel Aviv.
Type of publication:	Book / Working Paper
Notes:	32 pages
Classification:	F21 - International Investment; Long-Term Capital Movements ; F35 - Foreign Aid ; H25 - Business Taxes and Subsidies ; H30 - Fiscal Policies and Behavior of Economic Agents. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005647280