We study the consequences of multinational tax avoidance on the structure of government tax revenues. To motivate our … analysis, we show that countries with high revenue losses due to profit shifting have lower corporate tax revenues and rates … and higher indirect tax revenues and rates. To establish causality, we use German municipal data and analyse how changes …

We show that the effectiveness of redistribution policy in stimulating the economy and improving welfare is directly … deflationary forces during the recession. Moreover, redistribution produces a Pareto improvement under the fiscal regime …