This paper investigates the impact of fiscal policy on profits using panel data for 19 high-income OECD countries … during the period 1975-1999. We estimate a profit equation in which profits depend on a set of fiscal variables. Our … capital expenditures are associated with higher profits, while expenditures on wages and salaries deteriorate profits. At the …

not lead to higher profits when internal pricing aligns with market values for green certificates. However, it stimulates …

Gulf and the Far East. We study how fluctuations in oil tanker rates, oil exports, shipowner profits, and bunker fuel … costs, voyage profits decline, as cost shocks are only partially passed on to round-trip voyage rates. Oil exports from the … Arabian Gulf also decline, reflecting lower demand for VLCCs. Positive utilization shocks are associated with higher profits …

mitigated through additional preferential tariff concessions under the WTO or a globally coordinated destination tax on profits. …

features, and network structure, using a detailed and realistic theoretical model of competing duopoly airlines. These impacts …

We investigate whether legacy U.S. airlines communicated via earnings calls to coordinate with other legacy airlines in … among airlines about their capacity choices. Estimates from our preferred specification show that when all legacy airlines … reduction materializes only when airlines communicate concurrently, and that it cannot be explained by other possibilities …