| Working Paper

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

| Working Paper

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

| Working Paper
The Euro area is caught in a "maze of peculiar regulations" and referring to current account imbalances (CAI) as a catch-all indicator of financial efficiency may lead to seriously misplaced policies, according to Ronny Mazzocchi (European Parliament) and Roberto Tamborini (University of Trento), the authors of this latest EconPol working paper. The paper examines the controversial points about the causes, meaning and consequences of CAI, and discusses the alternative policy prescriptions that emerge. ...Details