The integration of world capital markets carries important implications for the design and impact of tax policies. This … paper evaluates research findings on international taxation, drawing attention to connections and inconsistencies between … explaining behavior, and observed tax policies, and they also suggest that international agreements have the potential to improve …

This paper highlights macroeconomic issues pertinent to the understanding of the international and domestic effects of … international VAT harmonization. It outlines elements of the policies of VAT harmonization envisaged for Europe of 1992, and …

This paper reviews quantitative studies of the impact of international tax rules on the financial and real behavior of … evidence and its implications for the design of international tax policy …

rates, and highlight important international differences in tax policy …

This paper deals with the international effects of taxation. Tax policies have profound effects on the temporal … understanding of international effects of domestic tax policies and of international tax harmonization. The analytical framework … adopts the saving-investment balance approach to the analysis of international economic interdependence and includes a …

inefficient allocation of world savings across countries; and (ii) international differences in the marginal productivity of …In a world economy there are two types of distortions which can be caused by capital income taxation in addition to the …-investor marginal productivity of capital: (i)international differences in intertemporal marginal rates of substitution, implying an …

International-capital market integration has become a key policy issue in the prospective integration of Europe of 1992 …. In this context this paper provides a theoretical analysis of the effects of relaxing restrictions on the international … goods rises if restrictions on international capital flows are relaxed: (c) the amount of income redistributions increases …