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Instruments of a strategic foreign economic policy : study for the German Federal Foreign Office : study by IfW Kiel, Bruegel and DIW Berlin

Kamin, Katrin; Bernoth, Kerstin; Felbermayr, Gabriel; … - Institut für Weltwirtschaft; Brussels European and …; … - 2021

The separation of security and economic objectives in foreign policy, which was often sought in international political issues in the past, has outlived its usefulness. The transition to a more power-based order can be felt around the world. International economic instruments and agreements are...

Persistent link: https://www.econbiz.de/10012692481

The economic potential and risks of crypto assets : is a regulatory framework needed?

Demertzis, Maria; Wolff, Guntram B. - 2018

distributed ledgers and blockchain – facilitate peer-to-peer interactions without intermediaries and are still experimental. They … stability? How might crypto assets be taxed? And how can blockchain applications be embedded into the existing legal framework … this point regulation is the right approach. Second, global cooperation in the managing risks of the new technology should …

Persistent link: https://www.econbiz.de/10011899599

Fool the markets? : creative accounting, fiscal transparency and sovereign risk premia

Bernoth, Kerstin; Wolff, Guntram B. - In: Scottish journal of political economy : the journal of … 55 (2008) 4, pp. 465-487

Persistent link: https://www.econbiz.de/10003742961

Measuring tax burdens in Europe

Wolff, Guntram B. (contributor) - 2005

This paper calculates effective macro-economic tax rates for the 25 EU countries following the methodology developed in Mendoza, Razin, and Tesar (1994). The available Eurostat data allow to compute the tax wedge on consumption, labor and capital. We show that effective tax rates in the 10 new...

Persistent link: https://www.econbiz.de/10003328546

Foreign direct investment in the enlarged EU : do taxes matter and to what extent?

Wolff, Guntram B. (contributor) - 2006

Foreign direct investment is of increasing importance in the European Union. This paper estimates the effect of taxes on foreign direct investment (FDI) flows and on three sub-components of these flows for the countries of the en- larged European Union. The model in the spirit of gravity...

Persistent link: https://www.econbiz.de/10003304979

Fool the markets? : Creative accounting, fiscal transparency and sovereign risk premia

Bernoth, Kerstin (contributor); … - 2006

We investigate the effects of official fiscal data and creative accounting signals on interest rate spreads between bond yields in the European Union. Our model predicts that risk premia contained in government bond spreads should increase in both, the official fiscal position and the expected...