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The effects of taxation on multinational corporations
Recent Books City of London and its place in the international banking and monetary system. In examining the Bank's evolution, essayists focus on its management and the influential figures associated with it. The book provides a chronology of the Bank and a list of its governors, directors and senior officials.
Diagnosing Unemployment. Edmond Malinvaud. New York, NY: Cambridge University Press, 1994. 156 pp. $34.95 ISBN 0-521-44533-7. Malinvaud examines the theory of policy and problems associated with diagnosing unemployment. He focuses on the role of analysis and forecasting. Topics include the methodological choices facing policy advisers, how the political atmosphere affects policy choice, the implementation of macroeconomic policies and the importance of feedback effects and the effect of public policies on individual behavior. Malinvaud also outlines challenges facing forecasters in diagnosing frictional and disequilibrium unemployment. Finally, he discusses how changes in the demand for labor affect medium-term unemployment trends, emphasizing the effect of real wages on investment and unemployment.
The Effects of Taxation on Multinational Corporations. Martin Feldstein, James R. Hines, Jr., and R. Glenn Hubbard, eds. Chicago, IL: University of Chicago Press, 1995. 334 pp. $55.00. ISBN 0-226-24095-9. The ten papers in this volume show that international tax rules have important effects on the investment behavior of multinational corporations. The papers examine outward direct investment and the U.S. economy; the design of international tax rules for investment by multinational firms; the ways in which international rules impact the cost of capital; and how financing patterns of multinational firms are altered by international tax rules. Each chapter essay is followed by a comment. The volume is a National Bureau of Economic Research Project Report.
Endogenous Growth. Torben M. Anderson and Karl O. Moene eds. Cambridge, MA: Blackwell Publishers, 1993. 243 pp. $64.95 ISBN 0-63118975-0. This collection of papers shows that the orthodox neoclassical approach to growth theory is being changed by the use of models of endogenous growth. The papers show that divergent growth rates are better explained by the new approach to growth theory than by the previous approach. The studies demonstrate that endogenous growth models lead to multiple equilibria, which suggests that economies with the same structure can grow at different rates. The papers contend that a logical conclusion to this finding is that optimal growth will best be achieved through coordination within and 374
Diagnosing Unemployment. Edmond Malinvaud. New York, NY: Cambridge University Press, 1994. 156 pp. $34.95 ISBN 0-521-44533-7. Malinvaud examines the theory of policy and problems associated with diagnosing unemployment. He focuses on the role of analysis and forecasting. Topics include the methodological choices facing policy advisers, how the political atmosphere affects policy choice, the implementation of macroeconomic policies and the importance of feedback effects and the effect of public policies on individual behavior. Malinvaud also outlines challenges facing forecasters in diagnosing frictional and disequilibrium unemployment. Finally, he discusses how changes in the demand for labor affect medium-term unemployment trends, emphasizing the effect of real wages on investment and unemployment.
The Effects of Taxation on Multinational Corporations. Martin Feldstein, James R. Hines, Jr., and R. Glenn Hubbard, eds. Chicago, IL: University of Chicago Press, 1995. 334 pp. $55.00. ISBN 0-226-24095-9. The ten papers in this volume show that international tax rules have important effects on the investment behavior of multinational corporations. The papers examine outward direct investment and the U.S. economy; the design of international tax rules for investment by multinational firms; the ways in which international rules impact the cost of capital; and how financing patterns of multinational firms are altered by international tax rules. Each chapter essay is followed by a comment. The volume is a National Bureau of Economic Research Project Report.
Endogenous Growth. Torben M. Anderson and Karl O. Moene eds. Cambridge, MA: Blackwell Publishers, 1993. 243 pp. $64.95 ISBN 0-63118975-0. This collection of papers shows that the orthodox neoclassical approach to growth theory is being changed by the use of models of endogenous growth. The papers show that divergent growth rates are better explained by the new approach to growth theory than by the previous approach. The studies demonstrate that endogenous growth models lead to multiple equilibria, which suggests that economies with the same structure can grow at different rates. The papers contend that a logical conclusion to this finding is that optimal growth will best be achieved through coordination within and 374