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Foreign direct investment is of increasing importance in the European Union. This paper estimates the effect of taxes on foreign direct investment (FDI) flows and on three sub-components of these flows for the countries of the en- larged European Union. The model in the spirit of gravity...
Persistent link: https://www.econbiz.de/10003304979
We investigate the effects of official fiscal data and creative accounting signals on interest rate spreads between bond yields in the European Union. Our model predicts that risk premia contained in government bond spreads should increase in both, the official fiscal position and the expected...
Persistent link: https://www.econbiz.de/10003339184
Persistent link: https://www.econbiz.de/10003342585
Persistent link: https://www.econbiz.de/10003335233
Setting minimum tax rates is a well discussed way of mitigating pressure from tax competition. This paper investigates which motives shape the support for a minimum corporate tax among politicians. We make use of a unique data base: a survey among members of the European parliament. Our results...
Persistent link: https://www.econbiz.de/10003793773
Persistent link: https://www.econbiz.de/10003864444
The ECB has been arguing in the past that since there is no trade-off between price stability and financial stability, the pursuit of price stability is the best a central bank can do to also maintain financial stability. We argue that there is a potential trade-off between price stability and...
Persistent link: https://www.econbiz.de/10003888991
institutional and substantive development of EU Merger Control. Firstly, Impala introduces an ambitious symmetric standard of proof …
Persistent link: https://www.econbiz.de/10003417458
An increasingly important part of contemporary merger control both in the US and the EU is unilateral effects analysis … application of these sophisticated economic tools by the EU and US authorities so far. This makes an in-depth study of the case …. Therefore, we highlight certain similarities as well as (minor) differences between the EU and US proceedings. Interestingly …
Persistent link: https://www.econbiz.de/10003417465