This paper examines how restrictions on the tax deductibility of interest cost affect location choices of multinational corporations (MNCs). Many countries have introduced so-called thin-capitalization rules (TCRs) to prevent MNCs from shifting their tax base to countries with lower tax rates....

This paper provides a first assessment of Switzerland's international input-output linkages. In doing so, the paper focuses on Switzerland's trade with the European Union, which rep- resents the country's most important trading partner. In 2015, more than 50% of Swiss exports were directed to...

2016 soll das Abkommen zur Transatlantischen Handels- und Investitionspartnerschaft abgeschlossen werden. Die Befürworter von TTIP sind der Auffassung, dass gemeinsame Regeln, Industriestandards und Zulassungsverfahren von EU und USA zu Weltstandards werden können und den beteiligten Ländern...

Switzerland is a prime location for both domestically owned as well as foreign-owned multinational enterprises (MNEs). In this paper, we review the literature on MNE activity with respect to its main fundamental (non-policy) drivers, the non-fiscal consequences of MNEs for various economic...

Recent work in international economics provides insights into the measurement of product variety change - i.e., the change at the extensive margin of trade - and its consequences for a country's welfare. In such work, the measurement of product variety change is typically taken as given. There...