The economic changes associated with globalization tighten financial pressures on governments of high-income countries … by increasing the demand for government spending while making it more costly to raise tax revenue. Greater international … mobility of economic activity, and associated responsiveness of the tax base to tax rates, increases the economic distortions …

How has globalization affected the relative taxation of labor and capital, and why? To address this question we build … and analyze a new database of effective macroeconomic tax rates covering 150 countries since 1965, constructed by … combining national accounts data with government revenue statistics. We obtain four main findings: (1) The effective tax rates …

We show that agglomeration forces can reverse standard international-tax-competition results. Closer integration may … showing that the tax gap between rich and poor nations follows a bell-shaped path (Devereux, Griffith and Klemm 2002 …). Moreover, split-the-difference tax harmonization can make both nations worse off. This may help explain why tax harmonisation …

This paper catalogues policies that have been deployed by jurisdictions seeking to mitigate the effects of tax … competition. There are many instruments in this policy arsenal, since the tax base associated with a particular tax instrument may … outside the traditional realm of tax policy. This paper describes sixteen instruments that both federal and sub …

We analyze the impact of financial globalization on business cycle synchronization utilizing a proprietary database on …