Archive: June 2015

The Impact of Interest Rates on Electricity Production Costs

| 25 June 2015
Monetary, Discussion Notes | Tags: Energy, Interest Rates
Putting the economy on an environmentally sustainable path requires substantial investments in green energy technologies. Long-term interest rates play a crucial role for energy investments. Against this background, we study the impact of interest rates on the costs of producing electricity with different technologies, using ... continue reading

Services Trade and Employment

| 7 June 2015
Trade, Discussion Notes | Tags: Employment, Global Value Chains, Services Trade
Driven by spectacular technological advances and the emergence and intensification of global value chains, trade in services has been the most dynamic part of global trade over recent years. All regions of the world have witnessed growth in services trade, albeit at different paces. Europe ... continue reading

Fundamental Tax Reform: The Purple Tax Plan

1 June 2015
Fiscal, Roundtables | Tags: Consumption Tax, Corporate Tax, Inheritance Tax
Roundtable on fundamental tax reform with Laurence Kotlikoff and a focus on his "Purple Tax Plan". Professor Kotlikoff is Professor of Economics at Boston University, as well as a Research Associate of the National Bureau of Economic Research and the Director of the Tax Analysis ... continue reading