This paper investigates the conditions under which partial harmonization for capital taxation is sustained in a … repeated interactions model of tax competition when there are three heterogenous countries with respect to their capital … harmonization is sustainable or not crucially depends on the capital endowment of the median country relative to those of the large …

This paper investigates the conditions under which partial harmonization for capital taxation is sustained in a … repeated interactions model of tax competition when there are three countries with heterogenous capital endowments. We show … harmonization is sustainable or not crucially depends on the extent to which the capital endowment of the medium-sized country is …

The issue of capital tax competition in source-based capital taxes is viewed to be unproblematic if residence …-based capital taxation exists. The sustainability, however, of residence-based capital taxation depends on the co-operation of …

We explore empirically how capital inflows into the US and financial deregulation within the United States interacted … to the large net capital inflows into the US from China and other emerging economies. Our results suggest a long shadow … sensitive to capital inflows. We provide evidence that global imbalances were a major positive funding shock for US wide banks …

supply, capital formation is endogenous, assuming that firms face capital adjustment costs. Our analysis highlights … due to increased housing costs, landowners may win. Moreover, we show how the relationship between migration and capital …. -- capital formation ; house prices ; land distribution ; migration ; welfare …