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Persistent link: https://www.econbiz.de/10012832137
, the increasing influence of globalization and digitalization on domestic tax systems has made improved international …
Persistent link: https://www.econbiz.de/10012973719
We compare the cross-sectional variation in the dividend payout policies of companies across 32 countries. Beyond the impact of firm-specific accounting and financial variables, this study investigates how the country level variations: shareholder demand due to demographic variations and...
Persistent link: https://www.econbiz.de/10012978345
How has globalization affected the relative taxation of labor and capital, and why To address this question, this paper …
Persistent link: https://www.econbiz.de/10013208949
Competition for mobile tax bases undermines the fiscal self-determination of states and exacerbates inequalities of income and wealth both within countries and globally. The paper provides a normative evaluation of international tax competition, and puts forward two principles of international...
Persistent link: https://www.econbiz.de/10014141999
Persistent link: https://www.econbiz.de/10014475753
Purpose - As a response to challenges that globalization poses, governments often utilize an expansionary fiscal policy … marginally fractionalized governments as a policy response to economic globalization and import shock. Social implications - Our … constrain the fiscal policy choice, this study enhances our understanding of the relationship between economic globalization and …
Persistent link: https://www.econbiz.de/10015099100
implications of the last five decades of financial globalization. We introduce a wedge accounting framework to estimate country … countries have become relatively more open to capital outflows, a phenomenon we call "Unbalanced Financial Globalization …." Counterfactual simulations show that this unbalanced financial globalization has worsened capital allocation, resulting in a 5 …
Persistent link: https://www.econbiz.de/10015439149
implications of the last five decades of financial globalization. We introduce a wedge accounting framework to estimate country … countries have become relatively more open to capital outflows, a phenomenon we call "Unbalanced Financial Globalization …." Counterfactual simulations show that this unbalanced financial globalization has worsened capital allocation, resulting in a 5 …
Persistent link: https://www.econbiz.de/10015443982
This literature review connects trade and capital flows to (de)globalization, considering the main theoretical channels …
Persistent link: https://www.econbiz.de/10015450272