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Using a large international firm-level data set, we estimate separate effects of host and parent country taxation on the location decisions of multinational firms. Both types of taxation are estimated to have a negative impact on the location of new foreign subsidiaries. In fact, the impact of...
Persistent link: https://www.econbiz.de/10003805989
Historical data for over hundred years and 14 countries is used to estimate the long-run effect of productivity on the real exchange rate. We find large variations in the productivity effect across four distinct monetary regimes in the sample period. Although the traditional Balassa-Samuelson...
Persistent link: https://www.econbiz.de/10010374513
This paper examines the impact of thin capitalization rules that limit the tax deductibility of interest on the capital structure of the foreign affiliates of US multinationals. We construct a new data set on thin capitalization rules in 54 countries for the period 1982-2004. Using confidential...
Persistent link: https://www.econbiz.de/10010256736
Persistent link: https://www.econbiz.de/10012644160
These remarks were delivered by David Malpass, President of the World Bank Group, at the G20 Leaders Summit held in … realizing inclusive and sustainable growth around the world, and how addressing these requires jobs, education, healthcare …
Persistent link: https://www.econbiz.de/10012646482
David Malpass, President of the World Bank Group, commemorated the 75th anniversary of the 1944 conference held in … Bretton Woods, New Hampshire which led to the creation of the World Bank. He spoke about key historical events and development …
Persistent link: https://www.econbiz.de/10012646488
economy and, especially, emerging market and developing economies, have suffered a decade of weak growth despite unprecedented …
Persistent link: https://www.econbiz.de/10012646707
David Malpass, President of the World Bank Group, addressed the challenges to reducing poverty and boosting shared … burdens, and lack of access to clean water, education, electricity, roads, and basic health care. The World Bank focuses on …
Persistent link: https://www.econbiz.de/10012646908
David Malpass, President of the World Bank, addressed the common challenge presented by slowing world growth. He … remarked that governance issues are apparent around the world. On matters of debt, he emphasized dispute settlement, debt …
Persistent link: https://www.econbiz.de/10012646979
, first and foremost, on people, and also, of course, on businesses and the economy. The World Bank Group President spoke …The IMF Managing Director and the World Bank Group President held a Joint Press Conference on COVID-19. The IMF … Managing Director spoke in detail about the potential direct and indirect impact of coronavirus on the global economy. She …
Persistent link: https://www.econbiz.de/10012646980