Similar Search Results

Coping with Disaster: The Impact of Hurricanes on International Financial Flows, 1970-2002

Yang, Dean - National Bureau of Economic Research (NBER) - 2006

How well do countries cope with the aftermath of natural disasters? In particular, do international financial flows help buffer countries in the wake of disasters? This paper focuses on hurricanes (one of the most common and destructive types of disasters), and examines the impact of hurricane...

Persistent link: https://www.econbiz.de/10005050456

Why International Equity Inflows to Emerging Markets are Inefficient and Small Relative to International Debt Flows

Razin, Assaf; Sadka, Efraim; Yuen, Chi-Wa - National Bureau of Economic Research (NBER) - 2001

This paper considers the financing of investment in the presence of asymmetric information between the 'insiders' and …

Persistent link: https://www.econbiz.de/10005580688

Political Risk Spreads

Bekaert, Geert; Harvey, Campbell; Lundblad, Christian; … - National Bureau of Economic Research (NBER) - 2014

We introduce a new, market-based and forward looking measure of political risk derived from the yield spread between a country's U.S. dollar debt and an equivalent U.S. Treasury bond. We explain the variation in these sovereign spreads with four factors: global economic conditions,...

Persistent link: https://www.econbiz.de/10010951038

Taxes and the Global Allocation of Capital

Backus, David; Henriksen, Espen; Storesletten, Kjetil - National Bureau of Economic Research (NBER) - 2007

Despite enormous growth in international capital flows, capital-output ratios continue to exhibit substantial heterogeneity across countries. We explore the possibility that taxes, particularly corporate taxes, are a significant source of this heterogeneity. The evidence is mixed. Tax rates...

Persistent link: https://www.econbiz.de/10005084808

The Value-Added Tax Reform Puzzle

Harrison, Ann E.; Cai, Jing - National Bureau of Economic Research (NBER) - 2011

We explore the impact of a tax reform in some provinces of China which eliminated the value-added tax on some investment goods. While the goal of the experiment was to encourage upgrading of technology, our results suggest that there was no evident increase overall in fixed investment, and...

Persistent link: https://www.econbiz.de/10009325535

Separating the Opposing Effects of Bilateral Tax Treaties

Blonigen, Bruce A.; Oldenski, Lindsay; Sly, Nicholas - National Bureau of Economic Research (NBER) - 2011

double taxation relief. However, BTTs also typically contain provisions that facilitate sharing of tax information between … liabilities are no longer effective with information sharing between countries. Using BEA firm-level data we are able to … separately estimate the impacts of double-taxation relief and sharing of tax information on investment behavior of US …

Persistent link: https://www.econbiz.de/10009328101

The Effect of Taxes on Investment and Income Shifting to Puerto Rico

Slemrod, Joel; Grubert, Harry - National Bureau of Economic Research (NBER) - 1994

The income of Puerto Rican affiliates of U.S. corporations is essentially untaxed by either Puerto Rico or the U.S. This lowers the tax penalty on real investment there, and also makes it attractive to shift reported taxable income from the U.S. parent corporation to the Puerto Rican affiliate....

Persistent link: https://www.econbiz.de/10005714762

The Tax Sensitivity of Foreign Direct Investment: Evidence from Firm-Level Panel Data

Cummins, Jason; Hubbard, R. Glenn - National Bureau of Economic Research (NBER) - 1994

's geographic segment file project. These firm- level data contain information on new capital investment overseas which enable us to …

Persistent link: https://www.econbiz.de/10005714922

Taxes, Institutions and Foreign Diversification Opportunities

Dharmapala, Dhammika; Desai, Mihir A. - National Bureau of Economic Research (NBER) - 2007

Investors can access foreign diversification opportunities through either foreign portfolio investment (FPI) or foreign direct investment (FDI). By combining data on US outbound FPI and FDI, this paper analyzes whether the composition of US outbound capital flows reflect efforts to bypass home...

Persistent link: https://www.econbiz.de/10005580848

Foreign Direct Investment and Domestic Economic Activity

Hines, James R. Hines, Jr.; Desai, Mihir A.; Foley, C. Fritz - National Bureau of Economic Research (NBER) - 2005

How does rising foreign investment influence domestic economic activity? Firms whose foreign operations grow rapidly exhibit coincident rapid growth of domestic operations, but this pattern alone is inconclusive, as foreign and domestic business activities are jointly determined. This study uses...

Persistent link: https://www.econbiz.de/10005723122

1
2
3
4
5
6
7
8
9
10
Next
Last