Showing 1 - 10 of 164
Tax incentives are a key component of governments’ investment policy mix as they directly impact companies’ tax burden …. In this paper, we illustrate the EU’s tax attractiveness as investment location over time in terms of effective average …
Persistent link: https://www.econbiz.de/10014472323
Persistent link: https://www.econbiz.de/10015045098
This paper examines the relationship between foreign and domestic investment activity of multinational enterprises. The … investment in fixed assets. The empirical approach, which rests upon extensive and intensive margin variation, is shown to … produce very robust results. These suggest a positive relationship between foreign and home investment in real capital. This …
Persistent link: https://www.econbiz.de/10011649212
In this paper the impact of the corporate tax systems of the 15 EU-member states on the investment and the financing … which can affect cross-border location, investment and financing decisions. Moreover, recent reform proposals in Germany are … likely to have an impact both on investment patterns and financing decisions of US multinationals in Germany. …
Persistent link: https://www.econbiz.de/10013428280
The economic policy response to COVID-19 lockdowns included a variety of measures. Their effects on non-financial firms, however, remain unclear. To shed light on the effect of transfers, we investigate the effect of German emergency aid transfers (November-December aid), a program designed for...
Persistent link: https://www.econbiz.de/10013205580
We study the implications of the Eurosystem's expanded Asset Purchase Programme (APP) for the bank lending business of euro area banks with euro area non-financial corporations (NFCs) using microeconometric matching techniques. Based on confidential bank-level data on quantitative balance sheet...
Persistent link: https://www.econbiz.de/10012041935
Persistent link: https://www.econbiz.de/10014342246
In response to strong revenue and income losses that a large share of the self-employed faced during the COVID-19 pandemic, the German federal government introduced a €50bn emergency aid program. Based on real-time online-survey data comprising more than 20,000 observations, we analyze the...
Persistent link: https://www.econbiz.de/10013411282
The paper analyses how the IMF brought its experience gained in emerging market sovereign debt crises in the troika …’s handling of the euro crisis. We link models of multiple equilibria with the IMF's experience made in Latin American crises in … the 2000s. We examine subsequent changes in the IMF’s policy guidelines and show that previous insights have been taken in …
Persistent link: https://www.econbiz.de/10011548057