Blar i Discussion papers (SAM) på forfatter "Schjelderup, Guttorm"
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To peg or not to peg? : a simple model of exchange rate regime choice in small economies
Berger, Helge; Jensen, Henrik; Schjelderup, Guttorm (Discussion paper, Working paper, 2000-10)The choice of an exchange rate peg often points to a trade-off between gaining credibility and losing flexibility. We show that the flexibility loss may be reduced if domestic and foreign shocks are correlated and more ... -
Trade and multinationals : the effect of economic integration on taxation and tax revenue
Kind, Hans Jarle; Midelfart, Karen Helene; Schjelderup, Guttorm (Discussion paper, Working paper, 2003-12)The rising importance of multinationals in the world economy has been accompanied by a rise in trade between affiliates of multinationals located in different countries, and by profits being shifted to low tax countries. ... -
Why corporate taxes may rise : the case of economic integration
Kind, Hans Jarle; Midelfart, Karen Helene; Schjelderup, Guttorm (Discussion paper, Working paper, 2003-05)Almost all the literature on tax competition in the presence of multinationals (MNCs) ignores the combined effect of profit shifting and economic integration (i.e., a reduction in trade costs) on equilibrium capital ... -
Why Europe should love tax competition - and the U.S. even more so
Schjelderup, Guttorm; Janeba, Eckhard (Discussion paper, Working paper, 2004-04)Is global competition for mobile capital harmful (less public goods) or beneficial (less government waste)? This paper combines both aspects within a generalized version of the comparative public finance model (Persson, ...