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Soft law plays an important role in the regulation of international tax matters. This paper focuses on the case of the OECD Transfer Pricing Guidelines and analyses the relationship between this non-binding instrument and the formal sources of law. From the perspective of international law, the...
Persistent link: https://www.econbiz.de/10010309245
Across the globe there is growing skepticism about the usefulness of GDP as a measure of national well-being. Consequently, several alternative quality-of-life (QOL) measures were developed which either aim at healing the GDP, complementing it, or replacing it. This chapter portrays some of...
Persistent link: https://www.econbiz.de/10010309614
We explore the existence of first mover advantages in mobile telecommunications markets. Building on a data set comprising monthly penetration rates, market concentration, number of active operators, and market shares of 90 followers from 33 OECD countries, we estimate a dynamic growth model....
Persistent link: https://www.econbiz.de/10010310635
the real economy. This paper aims at contributing to the literature on early warning indicator exercises for asset price … price composite indicator incorporating developments in both stock and house price markets is constructed. The latter is … then further developed in order to identify periods that can be characterised as asset price booms and busts. The …
Persistent link: https://www.econbiz.de/10010310845
Theoretical models point at various channels of the impact of inflation on corporate investment. This article attempts to answer the question what the direction and strength of this possible impact is, examining the relationship between corporate investment and inflation on the sample of 21 OECD...
Persistent link: https://www.econbiz.de/10010312014
The investigation of the determinants of economic growth plays an important role forour understanding of the sources of cross-country income differences. This paper analyzesthe effects of institutions and innovations on country productivity growth. The empiricalevidence shows that institutions...
Persistent link: https://www.econbiz.de/10010312133
It is a well-established fact that mothers' labour force participation reacts differently todifferent types of family benefits. It is also already well-known that cultural and religiousfactors have an impact on their labour force participation. But does the labour forcereaction to family...
Persistent link: https://www.econbiz.de/10010312153
A source of anxiety of policy makers and the public in general is the detrimental impactof globalization and immigration on unemployment. The transitory restrictions forworker migration after the EU enlargements of 2004 and 2007 exemplify the supposednegative effect of immigration on labor...
Persistent link: https://www.econbiz.de/10010312177
Over the past century, all OECD countries have been characterized by a dramatic increase in economic conditions, life expectancy and educational attainment. This paper provides a positive theory that explains how an economy might evolve when the longevity of its citizens both influences and is...
Persistent link: https://www.econbiz.de/10010312332
This paper compares different results from a set of energy scenarios produced by international energy experts, in order to analyze projections on increasing European external energy dependence and vulnerability. Comparison among different scenarios constitutes the basis of a critical review of...
Persistent link: https://www.econbiz.de/10010312379