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quantify the importance of Ricardian technology differences for international trade. The framework provides the first panel … estimates connecting country-industry productivity and exports, and the study exploits heterogeneous technology diffusion from …
Persistent link: https://www.econbiz.de/10012902445
multinational enterprise regarding the cross border distribution of its investment and the choice of its financing behavior. We …
Persistent link: https://www.econbiz.de/10013104836
The literature on public goods has shown that efficient outcomes are impossible if participation constraints have to be respected. This paper addresses the question whether they should be imposed. It asks under what conditions efficiency considerations justify that individuals are forced to pay...
Persistent link: https://www.econbiz.de/10013158910
Thin capitalization rules have become an important element in the corporate tax systems of developed countries. This paper sets up a model where national and multinational firms choose tax-efficient financial structures and countries compete for multinational firms through statutory tax rates...
Persistent link: https://www.econbiz.de/10012769702
This paper examines the heterogeneity in the public financing of long-term care (LTC), and the wide-ranging instruments … financing as ex-ante (occurring prior to when the need arises, such as insurance) and ex-post (occurring after the need arises …, such as public sector and family financing). Then we examine country-specific data to ascertain whether the two types of …
Persistent link: https://www.econbiz.de/10013040003
Financial constraints are an important impediment to the growth of small businesses. We study theoretically and empirically how the financial constraints of agents affect their decisions to exert effort, and, hence the organizational decisions and growth of principals, in the context of...
Persistent link: https://www.econbiz.de/10013315688
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