We use information from the tax returns of U.S. multinational corporations to address three questions related to tax competition. First, does tax competition or company tax planning behavior better explain recent decreases in the local effective tax rates faced by U.S. multinationals investing...

We evaluate proposals for the reform of the U.S. system of taxing cross-border income including dividend exemption, full current inclusion, a Japanese type version of dividend exemption with an effective tax rate test subject to an exception for an active business, dividend exemption combined...

Recent data on corporate tax losses presents a puzzle this paper attempts to explain: the ratio of losses to positive income was much higher around the recession of 2001 than in earlier recessions, even those of greater severity. Using a comprehensive sample of U.S. corporation tax returns for...

While a great power in the eighteenth century, France fell behind Britain's lead in modernizing her macroeconomic institutions. This paper examines the development of French macroeconomic institutions from the middle ages to the eighteenth century in a comparative framework. Theories of optimal...

We compare male and female upward labor income mobility in Germany and the United States using the GSOEP-PSID Cross-National Equivalent File. Our main interest is to test whether a glass ceiling exists for women. Conventional thinking about the glass ceiling highlights the belief that the...

Recent studies exploring sibling rivalry in the allocation of household resources in the U.S. produce conflicting results. We contribute to this discussion by addressing the role of sibling rivalry in educational attainment in Germany. Using the German Socioeconomic Panel (GSOEP) we are able to...

Competition policy emerged as an important area of interest during the later stages of Uruguay Round negotiations. The task of establishing competition policy is complicated by the fact that there already are trade statutes - antidumping, countervailing duty, safeguard actions - that relate to...

The speed at which immigrants assimilate is the subject of debate. Human capital formation plays a major role in this discussion. This paper compares the educational attainment of second generation immigrants to those of natives in the same age cohort. Evidence using a large German data set...