Discussion Notes

Inheritance Taxation, Corporate Succession and Sustainability

| 6 March 2017
Discussion Notes, Fiscal | Tags: Inheritance Tax, SMEs, Tax Expenditures
Inheritance and estate tax rates are highly heterogeneous across countries. Indeed, the lack of a broadly accepted model of optimal inheritance taxation is reflected in statutory tax rates ranging from 0% in several countries including Australia, Canada and Sweden to 55% in Japan. ... continue reading

Tax Expenditures and Sustainability. An Overview

| 11 November 2016
Discussion Notes, Fiscal | Tags: Employment, Energy, Fossil Fuel Subsidies, Health, Housing, Inequality, Innovation, Patent Boxes, Pensions, Tax Expenditures, VAT
Fiscal policy has significant effects on a broad sustainability agenda covering long-term economic, social and environmental goals. However, whereas a myriad of actors scrutinize taxation as well as direct government spending with regard to their impact on sustainability, a key feature of fiscal policy has ... continue reading

Measuring and Understanding Trade in Service Tasks

, and | 24 May 2016
Discussion Notes, Trade | Tags: Employment, Services Trade
Improvements in Information and Communication Technologies (ICT) have had differential impacts on the costs of offshoring service tasks. As a result, services with stronger tradability characteristics are at a higher risk of being offshored. This has increased the need for coming up with proper measures ... continue reading

Trade and Employment. An Overview

| 29 February 2016
Discussion Notes, External, Trade | Tags: Employment
The bulk of economic research on the impacts of trade has for a long time neglected aggregate effects on jobs. While research grants an important role of trade for employment, empirical studies often struggle to attribute employment outcomes to trade policies in the long run. ... continue reading

The Impact of Interest Rates on Electricity Production Costs

| 25 June 2015
Discussion Notes, Monetary | 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