This working paper was written by Michael Funke (Hamburg University) and Holger Strulik (Hamburg University).The paper discusses the impact and implications of Korean unification by setting up a two-region endogenous growth model. The numerical solutions are based on the formal analytical model,...

The introduction of a formulaically apportioned common consolidated corporate tax base (CCCTB) could represent a milestone in international taxation. No agreement has yet been reached, however. In contrast, Germany already has a long-standing system that apportions corporate taxes by splitting...

In their daily reserving tasks, general insurance actuaries often use a mix of chain-ladder, Bornhuetter-Ferguson and Cape-Cod methods to estimate the ultimate reserve amounts. These methods are usually applied on cumulative triangles and a payment or incurred pattern is derived from the...

This research provides a comprehensive study of the linkages between unification and related policy choices on income inequality by examining the cases of Italy and Germany in the context of 19th century unification. To conduct this analysis, the study puts forward estimates of income inequality...

Almost 140 countries have agreed to reallocate the rights to tax international corporate profits and to introduce minimum tax rates. The agreed plan is the product of pragmatism and a search for consensus, but ambitious. It includes steps towards unitary taxation to be established by a...