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Globalization and taxation : theory and evidence

Jha, Priyaranjan; Gozgor, Giray - 2019

We construct a theoretical model to capture the compensation and efficiency effects of globalization in a set up where … globalization- trade liberalization and financial openness- could potentially have different effects on taxation. We then provide … some empirical evidence on the relationship between taxation and the alternative modes of globalization using a large cross …

Persistent link: https://www.econbiz.de/10011996405

Measuring economic openness : a review of existing measures and empirical practices

Gräbner-Radkowitsch, Claudius; Heimberger, Philipp; … - 2018

Persistent link: https://www.econbiz.de/10011943986

Measuring economic openness : a review of existing measures and empirical practices

Gräbner-Radkowitsch, Claudius; Heimberger, Philipp; … - 2018

This paper surveys existing measures of economic openness understood as the degree to which non-domestic actors can or do participate in a domestic economy. We introduce a typology of openness indicators, which distinguishes between "real" and "financial" openness as well as between "de facto"...

Persistent link: https://www.econbiz.de/10011889295

Monetary policy spillovers, capital controls and exchange rate flexibility, and the financial channel of exchange rates

Georgiadis, Georgios; Zhu, Feng - 2019

Persistent link: https://www.econbiz.de/10012051369

Monetary policy spillovers, capital controls and exchange rate flexibility, and the financial channel of exchange rates

Georgiadis, Georgios; Zhu, Feng - 2019

We assess the empirical validity of the trilemma (or impossible trinity) in the 2000s for a large sample of advanced and emerging economies. To do so, we estimate Taylor-rule type monetary policy reaction functions, relating the local policy rate to real-time forecasts of domestic fundamentals,...