نتایج جستجو برای: capital mobility
تعداد نتایج: 173286 فیلتر نتایج به سال:
Unit Root Tests Of The Current Account Balance: Implications For International Capital Mobility
For most of the postwar period, Europe’s capital markets remained largely closed to international capital flows. This paper explores the costs of this policy. Using the familiar event-study methodology, we examine the extent to which restrictions of current and capital account convertibility affected stock returns. We find that the delayed introduction of full currency convertibility increased ...
Many political economists believe that competition among countries—or regions within them—to attract mobile capital should discipline their governments, rendering them less corrupt and more friendly toward business. This argument surfaces repeatedly in debates over both political decentralization and globalization. We argue that it is based on an assumption— countries or regions start out ident...
This paper extends Hopenhayn and Rogerson’s analysis of firing taxes by introducing a flexible form of capital and considering transitionary dynamics. The paper finds that capital is not important for understanding the long run and welfare effects of firing taxes. However, capital is crucial for determining the short run consequences of eliminating this type of policy. 1I am deeply indebted to ...
Although global mobility represents an important element of many multinational enterprise’s (MNEs) global talent management systems, the two areas of practice have largely been decoupled in research and practice. The current paper aims to build a dialog around the integration of these two important areas of practice and illustrate how the integration of global mobility and global talent managem...
This paper surveys the literature on the implications of international capital mobility for national tax policies. Our main issue for consideration in this survey is whether taxation of income, specifically capital income will survive, how border crossing investment is taxed relative to domestic investment and whether welfare gains can be achieved through international tax coordination. We deve...
Article history: Received 26 February 2009 Received in revised form 6 August 2009 Accepted 26 August 2009 This paper addresses the capital mobility among regions within China. Using a range of panel estimators which deals with the non-stationarity of time series components, individual heterogeneity and common unobserved factors, we show that the savings and investment (both expressed as ratios ...
Pelagidis and Mastroyiannis [Pelagidis, T., & Mastroyiannis, T. (2003). The saving–investment correlation in Greece, 1960–1997: Implications for capital mobility. Journal of Policy Modeling] using the cointegration methodology proposed by Jansen and Schulze [Jansen, W.J., & Schulze, G.G. (1993). Theory-based measurement for the saving–investment correlation with an application to Norway. Discus...
∗We are grateful to IEB for its financial support. We would like to thank May Elsayyad, Leonzio Rizzo, and Tanguy van Ypersele, as well as participants at the 2011 Journée Louis André Gérard Varet, the IEB IV Workshop on Fiscal Federalism, the GREQAM seminar, the 2013 Southern Economic Association Meetings, and a seminar at Florida International University, for useful comments on an earlier ver...
In a multi-country model with mobile capital and global pollution this paper analyzes the stability of self-enforcing environmental agreements (IEAs) when the coalition formed by the signatory countries plays Nash. In accordance with previous environmental literature we show that there exists a unique self-enforcing IEA consisting of two or three signatory countries if emissions tax rates are s...
نمودار تعداد نتایج جستجو در هر سال
با کلیک روی نمودار نتایج را به سال انتشار فیلتر کنید