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 tax base to countries with lower tax rates. As of...

This paper analyses the location choice of German investors in the Czech Republic based on a unique dataset covering all Czech companies with a German equity holder in 2010. The identification of the regional determinants of foreign direct investment (FDI) location is an important regional...

Economic integration typically goes along with a disintegration of production through outsourcing and offshoring. The consequences of foreign direct investments (FDI) especially for the labour market are an issue of ongoing debate. The countries of origin fear job losses. However, a range of...