We quantify the impact of barriers to international investment, using a novel multi-country dynamic general equilibrium … asset positions. We estimate this gravity equation using recently developed foreign investment data that have been restated … to account for offshore investment and financing vehicles. We show that a parsimonious implementation of the model with …

capital movement and influencing domestic and foreign tax receipts, saving, and investment. The efficiency costs of inflation …This paper estimates the efficiency consequences of interactions between nominal tax systems and inflation in open … economies. Domestic inflation changes after-tax real interest rates at home and abroad, thereby stimulating international …

capital movement and influencing domestic and foreign tax receipts, saving, and investment. The efficiency costs of inflation …This paper estimates the efficiency consequences of interactions between nominal tax systems and inflation in open … economies. Domestic inflation changes after-tax real interest rates at home and abroad, thereby stimulating international …

What does the saving-investment (SI) relation really measure and how should the SI relation be measured? These are two …