Showing 1 - 10 of 239
This paper explores the impact dividend taxes exert on the dividends repatriated from foreign affiliates to their German parent company. Based on an augmented Lintner model of firms' dividend payout decisions, the paper focusses on cross-border intra-firm dividend payments of wholly-owned...
Persistent link: https://www.econbiz.de/10003870801
We consider the issue of steady-state optimal factor taxation in a Ramsey-type dynamic general equilibrium setting with two distinct distortions: i) taxes on capital and labour are the only available tax instruments for raising revenues, and ii) labour markets are subject to a static...
Persistent link: https://www.econbiz.de/10011431853
) Germany. In addition, the different methods are examined critically from a theoretical perspective, focusing on two types of …Die vorliegende Studie präsentiert einen Vergleich zwischen verschiedenen Methoden für die Kalkulation der … Analyse von Daten für den Preisindex für die Lebenshaltung für (West-)Deutschland. Daneben werden die Methoden aus …
Persistent link: https://www.econbiz.de/10011418839
strongest with respect to affiliate employment in Western Europe. A one percent larger wage gap between Germany and locations in …
Persistent link: https://www.econbiz.de/10002703767
This paper studies the flow-performance relationship of three different investor groups in mutual funds: Households, financial corporations, and insurance companies and pension funds, establishing the following findings: Financial corporations have a strong tendency to chase past performance and...
Persistent link: https://www.econbiz.de/10008796618
A number of recent studies and evidence for the existence of a persistent performance gap between multinational enterprises (MNE) and their domestic competitors. Therefore, the question arises whether successful firms become MNEs or whether going abroad improves home market performance. This...
Persistent link: https://www.econbiz.de/10003275966
This paper tests some of the predictions of recent advances in trade theory that have focused on different trade patterns of firms within the same sector. Helpman, Melitz and Yeaple (2005) develop a model in which innate productivity differences between firms determine the degree of...
Persistent link: https://www.econbiz.de/10003275970
On the basis of accounting and market data for firms and groups listed on German stock exchanges between 1997 and 2003, we show that the value relevance of R&D information under German accounting standards can be superior to that provided by US-GAAP and IAS. The results, obtained while...
Persistent link: https://www.econbiz.de/10003126162
Persistent link: https://www.econbiz.de/10003761654
Density forecasts have become quite important in economics and finance. For example, such forecasts play a central role in modern financial risk management techniques like Value at Risk. This paper suggests a regression based density forecast evaluation framework as a simple alternative to other...
Persistent link: https://www.econbiz.de/10011431370