Publications of the Research Unit Corporate Taxation and Public Finance

  1. Refereed Journal // 2019

    Increasing tax transparency: investor reactions to the country-by-country reporting requirement for EU financial institutions

    We employ an event study methodology to investigate the capital market reaction to the surprising political decision to adopt a public country-by-country reporting (CbCR) obligation for EU financial…

  2. ZEW Discussion Paper No. 19-025 // 2019

    Biases in Fiscal Multiplier Estimates

    The "true" size of fiscal multipliers is widely debated by economists and policy makers as large (small) multipliers provide arguments to expand (cut) public spending. Within a meta-analytical framework, we ask…

  3. ZEW policy brief No. 19-05 // 2019

    Is Mandatory Country-by-Country Reporting Effective? – Early Evidence on the Economic Responses by Multinational Firms

    Over the past decade, policymakers, non-profit organizations, and the media have demanded greater transparency by multinational firms regarding their global operations and tax payments. These demands are…