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Cross-Country Comparisons of Corporate Income Taxes
Markle, Kevin - 2011
To our knowledge, this paper provides the most comprehensive analysis of firm-level corporate income taxes to date. We use publicly available financial statement information for 11,602 public corporations from 82 countries from 1988 to 2009 to estimate country-level effective tax rates (ETRs)....
Persistent link: https://www.econbiz.de/10013129120
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International Aspects of the Great Depression and the Crisis of 2007 : Similarities, Differences, and Lessons
Grossman, Richard S. - 2011
-slump macroeconomic cycles. During both crises, world trade collapsed faster than world incomes and the trade decline was highly …
Persistent link: https://www.econbiz.de/10013133067
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The Chinese Corporate Savings Puzzle : a Firm-Level Cross-Country Perspective
Bayoumi, Tamim - 2010
China's high corporate savings rate is commonly claimed to be a key driver for the country's large current account surplus. The mainstream explanation for high corporate savings is a combination of windfall profits in state-owned firms, especially in resource sectors, and mis-governance of...
Persistent link: https://www.econbiz.de/10013137314
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The World Distribution of Productivity : Country TFP Choice in a Nelson-Phelps Economy
Färnstrand Damsgaard, Erika - 2010
the world, each country invests in TFP and internalizes the dynamic effects of its investments, while ignoring any effects … on others. Small symmetric idiosyncratic shocks can lead to large long-run differences in TFP levels and the world TFP …
Persistent link: https://www.econbiz.de/10013138084
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International Differences in Fiscal Policy During the Global Crisis
Bénétrix, Agustín S. - 2010
We examine the cross-country dispersion in fiscal outcomes during 2007-2009. In principle, international differences in fiscal policy may be related to differences in optimal fiscal positions, funding constraints, political economy factors and fiscal control problems. We find that the decline in...
Persistent link: https://www.econbiz.de/10013138322
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Country Heterogeneity and the International Evidence on the Effects of Fiscal Policy
Favero, Carlo A. - 2011
This paper shows how the richer frequency and variety of fiscal policy shocks available in an international sample can be analyzed recognizing the heterogeneity that exists across different countries. The main conclusion of our empirical analysis is that the question "what is the fiscal policy...
Persistent link: https://www.econbiz.de/10013121730
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The "Out of Africa" Hypothesis, Human Genetic Diversity, and Comparative Economic Development
Ashraf, Quamrul H. - 2011
This research argues that deep-rooted factors, determined tens of thousands of years ago, had a significant effect on the course of economic development from the dawn of human civilization to the contemporary era. It advances and empirically establishes the hypothesis that, in the course of the...
Persistent link: https://www.econbiz.de/10013122467
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Comparing Real Wages
Ashenfelter, Orley - 2012
A real wage rate is a nominal wage rate divided by the price of a good and is a transparent measure of how much of the good an hour of work buys. It provides an important indicator of the living standards of workers, and also of the productivity of workers. In this paper I set out the conceptual...
Persistent link: https://www.econbiz.de/10013107514
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Development, Structure, and Transformation : Some Evidence on Comparative Economic Growth
McCord, Gordon C. - 2013
We suggest that the geographical patterns of income differences across the world have deep underpinnings. We emphasize … characteristics of economies. Per capita incomes differ around the world in no small part because of sharp differences across regions … middle income; the distribution of economic activity around the world today; the patterns of growth between 1960 and 2010 …
Persistent link: https://www.econbiz.de/10013074652
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The Global Productivity Slump : Common and Country-Specific Factors
Eichengreen, Barry - 2015
Productivity growth is slowing around the world. In 2014, according to the Conference Board's Total Economy Data Base …
Persistent link: https://www.econbiz.de/10013015545