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Hines, James R, Jr - 2018

This paper explores the implications of tax rate uncertainty, identifying circumstances in which revenue-neutral tax rate variability increases profitability, economic activity, and the efficiency of resource allocation. Furthermore, with heterogeneous taxpayers, tax rate variability is shown to...

Persistent link: https://www.econbiz.de/10012481036

An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output

Blanchard, Olivier - 1999

This paper characterizes the dynamic effects of shocks in government spending and taxes on economic activity in the … the automatic response of taxes and spending to activity, and, by implication, to infer fiscal shocks. The results … negative effect. The multipliers for both spending and tax shocks are typically small. Turning to the effects of taxes and …

Persistent link: https://www.econbiz.de/10012471521

"Tax Sparing" and Direct Investment in Developing Countries

Hines, James R, Jr - 1998

countries with whom Japan has agreements are entitled to claim foreign tax credits for income taxes that they would have paid to …

Persistent link: https://www.econbiz.de/10012472085

Investment Ramifications of Distortionary Tax Subsidies

Hines, James R, Jr - 1998

This paper examines the investment effects of tax subsidies for which some assets and not others are eligible. Distortionary tax subsidies encourage firms to concentrate investments in tax-favored assets profitability of investment and reducing payoffs to bondholders in the event of default....

Persistent link: https://www.econbiz.de/10012472196

Tax Policy and the Activities of Multinational Corporations

Hines, James R, Jr - 1996

choices. While taxes appear to influence a wide range of activity, the literature does not offer many subtle tests designed to …

Persistent link: https://www.econbiz.de/10012473259

Fiscal Expansions and Fiscal Adjustments in OECD Countries

Alesina, Alberto - 1995

This paper considers budget expansions and adjustments in OECD countries in the last three decades. Our main results are: i) on average fiscal expansions are the results of increases in expenditures, particularly of transfer programs, while contractions are typically due to tax increases; ii)...

Persistent link: https://www.econbiz.de/10012473663

Interest Allocation Rules, Financing Patterns, and the Operations of U.S. Multinationals

Froot, Kenneth A. - 1994

This paper examines the impact of the 1986 change in U.S. interest allocation rules on the investment and financing decisions of American multinationals. The 1986 change reduced the tax deductibility of the interest expenses of firms with excess foreign tax credits. The resulting increase in the...

Persistent link: https://www.econbiz.de/10012473980

Corporate Taxation and the Distribution of Income

Hines, James R, Jr - 2020

Higher corporate taxes reduce corporate business operations, replacing them with operations by noncorporate businesses … higher corporate taxes can increase income inequality even when the corporate tax burden falls entirely on capital owned …

Persistent link: https://www.econbiz.de/10012482159

Tax Policy and the Efficiency of U.S. Direct Investment Abroad

Desai, Mihir A. - 2011

Deferral of U.S. taxes on foreign source income is commonly characterized as a subsidy to foreign investment, as …

Persistent link: https://www.econbiz.de/10012461455

The Effects of Tax Shocks on Output : Not So Large, But Not Small Either

Perotti, Roberto - 2011

percentage point of GDP increase in taxes leads to a decline in GDP by about 1.5 percentage points after 3 years. I also create … between different types of taxes (personal, corporate, indirect, and social security) and their subcomponents …

Persistent link: https://www.econbiz.de/10012461871