Working Papers

- Can Government Demand Stimulate Private Investment?
Evidence from U.S. Federal Procurement (with Tom Zimmermann)
  CESifo Working Paper 7534 (Feb 2019) under revision for Journal of Monetary Economics

- Revenue Implications of Destination Based Cash Flow Taxation
  (with Alexander Klemm and Saila N. Stausholm)
  IMF Working Paper WP/19/7 (January2019) under revision for IMF Economic Review

- At Your Service! The Role of Tax Havens in International Trade with Services
  (with Niels Johannesen )
  CESifo Working Paper No. 5414 (June 2015) under revision for European Economic Review

- Cross-Border Effects of Fiscal Consolidations: Estimates Based on Narrative Records
  (with Tom Zimmermann), CESifo Working Paper No. 4311 (June 2013) Revised Version Coming Soon


- A Destination-Based Allowance for Corporate Equity (with Alexander Klemm)
International Tax and Public Finance Forthcoming.

- Curbing Corporate Debt Bias: Do Limitations to Interest Deductibility Work? (with Ruud De Mooij)
Journal of Banking and Finance , 2018, vol. 96, 368-378.

- Revisiting the Narrative Approach of Estimating Tax Multipliers (with Tom Zimmermann)
Scandinavian Journal of Economics , 2018, vol. 120, pp. 428-439.

- Evaluating the Effects of ACE Systems on Multinational Debt Financing and Investment (with Martin Ruf )
Journal of Public Economics , 2017, vol. 156, pp. 131-149.

- Toward a Mutualization of European Unemployment Insurance? On Limiting the Downsides of a
  Fiscal Transfer System for the Eurozone, (with Alfons Weichenrieder)
CESifo Economic Studies , 2016, vol. 62 (2), pp. 376-395.

- A Journey from a Corruption Port to a Tax Haven (with Vilen Lipatov)
Journal of Comparative Economics , 2014, vol. 42 (3), pp. 739-754.

- Money at the Docks of Tax Havens: A Guide
FinanzArchiv / Pubic Finance Analysis , 2014, vol. 70 (3), pp. 458-485.

- Estimating the Effects of Coordinated Fiscal Actions in the Euro Area (with Tom Zimmermann)
European Economic Review , 2013, vol. 58 (Feb), 110-121.

- International Profit Shifting and Multinational Firms in Developing Economies
  in: Fuest, C., and Zodrow, G. (Eds.), (with Clemens Fuest and Nadine Riedel)
Critical Issues in Taxation and Development 2013, MIT Press, Cambridge, MA, 145-166.

- The Effects of Discretionary Fiscal Policy on Macroeconomic Aggregates: A Reappraisal
Journal of Economic Surveys , 2011, vol. 25 (4), pp. 674-707.

- The Effects of Taxation on the Location Decision of Multinational Firms: M&A vs. Greenfield Investments
  (with Martin Ruf and Alfons Weichenrieder)
National Tax Journal
, 2011, vol. 64 (3), pp. 817-838.

- International Debt Shifting and Multinational Firms in Developing Economies
  (with Clemens Fuest and Nadine Riedel)
Economics Letters , 2011, vol. 113 (2), pp. 135-138.

- Debt Financing and Sharp Currency Depreciations: Wholly versus Partially-Owned Multinational Affiliates
  (with Alfons Weichenrieder)
Review of World Economics / Weltwirtschaftliches Archiv , 2010, vol. 146 (2), pp. 281-302.

Policy Papers

- Germnay - Tax Pressures and Reforms Options
  (with Victoria Perry and Alexander Klemm)
Tax Note International, 2019


- Maldives: Reform Options to Strengthen Tax Policy
  (with Lee Burns and John Norregaard)
Technical-Assistance-Report (No. 19/196), IMF, 2019

- Attractive Tax Jurisdictions
University of Barcelona, IEB Report 4, 2018


- Taxation of Corporations in Switzerland
  (with Stephen Shay)
Selected Issues Paper, IMF, 2018

- Capital Income Tax Reform in Denmark
  (with Alexander Klemm and Cory Hillier)
Selected Issues Paper, IMF, 2018

- Growth-Enhancing Corporate Tax Reform in Belgium
  (with Ruud De Mooij and Milena Hrdinkova)
Nordic Tax Journal, vol. 2018, Issue (1).

- Italy: Toward a Growth-Friendly Fiscal Reform
  (with Michal Andrle, Alvar Kangur, and Mehdi Raissi)
IMF WP/18/59, 2018

- A Review of Capital Taxation in France
  (with Mario Mansour, Victoria J. Perry, and Christophe J. Waerzeggers)
Tax Note International, Nov. 2017

- On Deficits and Symmetries in a Fiscal Capacity
  (with Alfons Weichenrieder)
SAFE Working Paper No. 112, 2015

- What Do We Know about the Tax Planning of German-Based Multinational Firms
  (with Alfons Weichenrieder)
CESifo DICE Report 4/2014 (Winter)

Contrbution to IMF Publications

- Corporate Taxation in the Global Economy
IMF Policy Papers, March 2019

- Tax Policy, Leverage and Macroeconomic Stability
IMF Policy Papers, October 2016

- Fiscal Policies for Innovation and Growth
Fiscal Monitor, Chapter 2, April 2016