This paper characterises the domestic tax systems which yield Pareto-efficient outcomes for a two-country world economy … when each country uses its domestic tax system to influence ist terms of trade. In such circumstances, the implementation … of domestic tax systems which achieve a globally Pareto-efficient outcome as a Nash equilibrium will be very difficult …

This paper explores the long-run impacts of tax policy in a two-country model of endogenous growth with variable labor … supply. We focus on international spillover effects of tax reforms under alternative trade structures. It is shown that if … financial flows, a change in tax policy in one country directly diffuses to the growth performance of the other country, even …

This paper analyses the implications of a currently publicly debated issue, namely the introduction of a bonus tax. We … shed light on the effects of the bonus tax on compensation components and study its incidence. We use the Principal Agent … based compensation component always rises in the country introducing the tax such that the optimal contracts are tilted …

The Ramsey tax problem examines the design of linear commodity taxes to collect a given tax revenue. This approach has … been seriously challenged by Atkinson and Stiglitz (1976) who show that (under some conditions) an optimal income tax makes … to play an important role. This paper examines if the optimal tax and regulatory pricing approaches to Ramsey pricing can …

An important puzzle in corporate taxation is that effective tax rates have fallen significantly while tax revenue has … simultaneously risen in most countries. Moreover, the gross profitability of firms seems to be lower in high-tax countries, even … stylized facts by setting up a simple two-country model of tax competition with heterogeneous firms. In this model a unique …

burden stemming from the tax-induced distortion in the allocation of capital across the corporate and the non … would change compared with a sector-neutral tax system which assures an identical effective tax burden on both sectors. Our …