and average wage tax, and social security contributions. …

This paper examines the optimal time path of the tax rate, in a model where an increasing ratio of government debt to …

firm productivity and monopolistic competition. Such measures, e.g. thin capitalization rules, have become increasingly …

firm productivity and monopolistic competition. Such measures, e.g. thin capitalization rules, have become increasingly …

countries using pooled regressions. Fiscal effects are included via after-tax interest rates. Other factors shown to be relevant …

This paper identifies tax policy that both speeds recovery from the current economic crisis and contributes to long … increases in supply. As short-term tax concessions can be hard to reverse, this implies that policies to alleviate the crisis … could compromise long-run growth. The analysis makes use of recent evidence on the impact of tax structure on economic …

This paper studies the short-run macroeconomic effects of legislated tax changes in Germany using a vector … autoregression (VAR) approach. Identification of the tax shock follows the narrative approach recently proposed by Romer and Romer … monetary policy reaction following announcement of the tax policy. In response to a 1 percent increase in the tax-to-GDP ratio …

foreign direct investment (FDI) affects firm productivity, when productivity is endogeneous as a function of training. The … main result of our paper is that, with endogeneous productivity, exporting results in lower productivity than does FDI, but … training, higher wages and higher productivity than does production for the home market. A further interesting and unexpected …

show that increasing the tax rate can lead to paradoxical tax effects, i.e. may foster an investor's willingness to invest … paradoxical effect cannot be identified. Determining the after-tax value of the option to enter the investment project with and … depends on the tax rate and the amount of periodical cash flows. The option value can be increasing or decreasing in the tax …