We evaluate the 2017 Tax Cuts and Jobs Act. Combining reduced-form estimates from tax data with a global investment … tax change increases 20% versus a no-change baseline. Due to novel foreign incentives, foreign capital of U … foreign capital. In the model, the long-run effect on domestic capital in general equilibrium is 7% and the tax revenue …

spillovers from multinationals to domestic firms justify pro- FDI policies. For the first time, we use firm-to-firm transaction …

foreign direct investment (FDI) dynamics at different levels of aggregation as well as at firm level. We propose a theoretical … reduction in FDI resulting from both physical and transition risks but an ambiguous interaction effect of these risks with … we do not find consistent evidence for statistically significant effects of physical and transition risks on FDI. However …

highly public lives, with some achieving superstar status. Despite growing inequality, billionaires face effective tax rates … lower than the average American. Is this due to a lack of public support for taxation? Is it due to misperceptions about … treatments would positively affect the demand for taxation, most treatments have a null or negative effect. Providing information …

directed toward this sector are tax policies. Yet most economic analysis of the optimal tax treatment of charitable giving is … ad hoc, treating it as a subject unto itself. This article advances a different approach: integrating the tax treatment … of charitable giving into the optimal income tax framework that has been developed over the past half century. The …

We construct a dynamic general equilibrium model of foreign direct investment (FDI) and foreign technology adoption …, incorporating adoption barriers, international technology spillover, and relative price advantages. A higher FDI conversion efficacy …, a lower adoption barrier, or a stronger international technology spillover, together with a lower relative price of FDI …