In this analysis of the effects of the preferential tax treatment of IP income in European countries, authors provide a comparison of pre-tax profits of firms in patent box countries – before and after the introduction of patent boxes – and provide the comparison for ...Details

Is a fiscal stimulus of investment a viable complement to, or substitute for, monetary policy? The authors of this working paper show that, under a balanced-budget stimulus, investment acceleration may come at the expense of decreased total welfare and that where uncertainty is higher about priva ...Details