This study examines the effect of investor-level income taxes on profit repatriation and dividend payout policies of multinational firms. The empirical estimations include two million firm-year observations in 130 countries. By augmenting the Lintner model of dividend payments, I employ...

We estimate a semiparametric dynamic panel data model by the local linear kernel method and we interpret the slope of the nonparametric component function as a varying slope coefficient. Thus, the slope coefficient is a smooth, but otherwise unknown, function of some of the regressors. A Monte...

I use a semiparametric smooth coefficient model to estimate a generalization of the emissions convergence models derived from the green Solow model proposed by Brock and Taylor (J Econ Growth 15:127–153, <CitationRef CitationID="CR5">2010</CitationRef>). Parametric estimates of simple homogeneous coefficient convergence models suggest...</citationref>

In this paper we seek an explanation for the reservations of local authorities towards contracting out. Although empirical evidence suggests that contracting out results in a significant cost decrease, a majority of Dutch municipalities provides for waste collection services themselves. Based on...