profit shifting channels different from those of other firms. We propose a novel and bank-specific method of profit shifting … bank, we show that a one percentage point lower corporate tax rate increases banks' fixed-income trading assets by 4.0% and …

We document that the first leak of customer information from a tax haven bank caused a sudden flight of deposits from …

granular effects: if markets are very concentrated in terms of the size distribution of banks, idiosyncratic shocks at the bank … of itself, and it may also influence concentration in banking and thus the impact of bank-specific shocks for the … micro-macro panel dataset. Our research has three main findings: First, bank-level shocks significantly impact on GDP …

-based measures of systemic bank shocks (SBS). These measures differ from “banking crisis” (BC) indicators employed in many empirical … studies, which are constructed using primarily information on government actions undertaken in response to bank distress … that BC indicators actually measure lagged policy responses to systemic bank shocks. We then re-examine the impact of …

mathematical literacy and curriculum-based knowledge. The findings indicate that central exit exams only improve curriculum …-based knowledge but do not affect mathematical literacy. Moreover, teachers in German states with central exit examinations are more …

Student performance in Sub-Saharan Africa is tragically low. We study the importance of teacher subject knowledge for …. After measurement-error correction, a one-standard-deviation increase in teacher subject knowledge raises student … teacher sorting. Furthermore, teacher knowledge and school resources appear to be complements in student learning …

endogenous emergence of industry clusters. Spatial variations in knowledge spillovers lead to spatial concentration of more …. Narrowing the gap in knowledge spillovers across regions raises growth, and reduces regional inequality by making firms more …

To study whether current spending levels and public knowledge of them contribute to transatlantic differences in policy … by prior knowledge in a manner consistent with information effects rather than priming. Support for salary increases is …

This paper considers the effect of acquisition FDI on the knowledge production function. We distinguish between … complementarities in the knowledge assets of the MNE and the target firm as a reason for FDI. In contrast, consistent with technology …