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We use firm-level data to investigate the impact of taxes on the international location of targets in M&A allowing for heterogeneous responses by companies. The statutory tax rate in the target country is found to have a negative impact on the probability of an acquisition in that country. In...
Persistent link: https://www.econbiz.de/10011636055
In a recently published article, Bruni and Stanca (2008) suggest that television viewing has a negative impact on life satisfaction. In this note we argue that the empirical approach they use (an approach that omits the main effect of TV viewing in life satisfaction) is problematic. We estimate...
Persistent link: https://www.econbiz.de/10010271181
In a recently published article, Bruni and Stanca (2008) suggest that television viewing has a negative impact on life satisfaction. In this note we argue that the empirical approach they use (an approach that omits the main effect of TV viewing in life satisfaction) is problematic. We estimate...
Persistent link: https://www.econbiz.de/10003906159
Existing work on the economics of well-being suggests that a person's subjective well-being depends to a large degree on his relative standing within his social environment. In this paper, we examine whether access to modern information and telecommunication technologies has an impact on...
Persistent link: https://www.econbiz.de/10010344634
To analyze the opioid epidemic, we construct a model where individuals, with and without pain, choose whether to misuse opioids knowing the probabilities of addiction and dying. These odds are functions of opioid use. Markov chains are estimated from the US data for the college and non–college...
Persistent link: https://www.econbiz.de/10014048609
welfare losses - combining mortality and poverty and expressed in terms of life-years - depends both on the choice of poverty … low welfare weight on mortality, poorer countries are found to bear a greater welfare loss from the pandemic. When poverty … lines are set differently for poor, middle and high-income countries and/or a greater welfare weight is placed on mortality …
Persistent link: https://www.econbiz.de/10012518090
In normative public economics it is crucial to know how fast the marginal utility of income declines as income increases. One needs this parameter for cost-benefit analysis, for optimal taxation and for the (Atkinson) measurement of inequality. We estimate this parameter using four large...
Persistent link: https://www.econbiz.de/10011630578
Persistent link: https://www.econbiz.de/10013209333
This thesis consists of three essays examining banks’ tax response. The first essay Tax vs. Regulation Policy and the Location of Financial Sector FDI is co-authored with Prof. Dr. Michael Overesch, Chair of Business Taxation at the University of Cologne and Prof. Dr. Georg Wamser, Chair of...
Persistent link: https://www.econbiz.de/10011429454
This study examines how environmental stringency affects the location decision of foreign direct investments. We analyze a firm-level data set on German outbound FDI and innovate on previous studies by controlling for the mode of entry and applying the mixed-logit analysis. The results show that...
Persistent link: https://www.econbiz.de/10010496988