Showing 1 - 10 of 2,271
This paper analyzes the tax haven investment behavior of multinational firms from a country that exempts foreign income from taxation. High foreign tax rates generally encourage firms to invest in tax havens, though significant costs of reallocating taxable income dampen these incentives. The...
Persistent link: https://www.econbiz.de/10013117565
Using a sample of control cross-border acquisitions from 61 countries from 1990 to 2007, we find that acquirers from countries with better governance gain more from such acquisitions and their gains are higher when targets are from countries with worse governance. Other acquirer country...
Persistent link: https://www.econbiz.de/10013131665
How does international trade affect the popularity of governments and leaders? We provide the first large … intensive trade has no such effect among the unskilled. To identify exogenous variation in international trade, we exploit the … international trade differ with skill intensity and that skilled individuals respond differently from their unskilled counterparts …
Persistent link: https://www.econbiz.de/10012910662
allocation of resources across developed countries at the business cycle frequency. Here we discuss how evidence on international … quantity comovement, exchange rates, asset prices, and international portfolio holdings can be used to assess efficiency …
Persistent link: https://www.econbiz.de/10013083395
This paper explores the link between mobility and the presence of international research networks. Data come from the … evidence suggests that migration plays an important role in the formation of international networks. Approximately 40 percent … that internationally mobile researchers contribute significantly to extending the international scope and quality of the …
Persistent link: https://www.econbiz.de/10013064894
intermediation to examine the role of national monetary policy in determining the international competitiveness of a national banking … generate a demand for reserve money (reserve requirements). The international competitiveness of a banking system is enhanced …
Persistent link: https://www.econbiz.de/10012774844
specialization of countries within GVCs in a world with barriers to international trade. With costly trade, the optimal location of …
Persistent link: https://www.econbiz.de/10012955438
Digital labor markets are rapidly expanding and connecting companies and contractors on a global basis. We review the environment in which these markets take root, the micro- and macro-level studies of their operations, their ongoing evolution and recent trends, and perspectives for undertaking...
Persistent link: https://www.econbiz.de/10012956400
In this article, we formulate a time-scale decomposition of an international version of the CAPM that accounts for both …
Persistent link: https://www.econbiz.de/10012761574
An optimal linear world income tax that maximizes a border-neutral social welfare function provides a drastic reduction in world consumption inequality, dropping the Gini coefficient from 0.69 to 0.25. In contrast an optimal decentralized (i.e., within countries) redistribution has miniscule...
Persistent link: https://www.econbiz.de/10013248240