In this paper, we pursue several goals; we first check if the downward trend in corporate income tax rates in Europe reflects a strategy of tax competition, and not a "yardstick competition" in neighboring countries. We estimate the scale of fiscal externalities on neighboring countries in terms...

This paper contribtes to the small empirical literature dealing with strategic tax behaviors of small EU countries. We estimate tax reaction functions of national governments competing with each other. Deriving a simple model of tax competition in a Nash and Stackelberg framework, we use panel...

La crise montre, une nouvelle fois, tous les risques que fait courir à l’économie le libre jeu des marchés financiers. Ceux-ci, gérant des masse énormes de capitaux en quête d’une rentabilité maximale (fonds de placement destinés aux ménages les plus riches, fonds de pension des...