Hebous, Shafik; Lipatov, Vilen - Saïd Business School, Oxford University - 2012
We sketch a model according to which tax havens attract corporate income generated in corrupted countries. We consider … havens. In our framework, tax havens have two opposite e¤ects on welfare. First, tax havens?services have a positive e¤ect on … corruption and the concealment of o¢ cials?bribes, tax havens discourage the provision of public goods and hence have also a …