-border capital flows, have seen little change in their ability to share risk. We find that the composition of flows may help explain …

provide evidence that in countries with greater restrictions on capital mobility, a given reduction in the inflation rate is …Identifying determinants of the output-inflation tradeoff has long been a key issue in business cycle research. We … the Mundell-Fleming model. Restrictions on capital mobility are measured using the IMF’s Annual Report on Exchange Rate …

total physical capital as a key input. Implicitly this assumes that private and public capital stocks are perfect … substitutes. In this paper we test this assumption by estimating a nested-CES production function whereas the two types of capital … private capital stocks for 151 countries over a period of 1960-2014 consistent with Penn World Table version 9. We find …

the economic properties of formula apportionment relative to the current international tax regime that is based on …; and it discusses new distortions and the impact on tax competition. The analysis exploits different datasets to assess the …

This paper investigates the costs and benefits of concluding double tax treaties with investment hubs. Based on a …

This paper examines the impact of thin capitalization rules that limit the tax deductibility of interest on the capital … multinationals, we find that thin capitalization rules significantly affect multinational firm capital structure. Specifically … rules, which thus far have been understudied, have a substantial effect on the capital structure within multinational firms …

play in allocating capital internationally, the so-called 'benchmark effect.' This paper finds that benchmark … capital flows and their sensitivity to different types of shocks. In particular, a high share of benchmark-driven investors … may result in capital flows that are more sensitive to global shocks and less sensitive to country factors …