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The paper reviews the extent to which a decade of analysis and experience has altered thinking about the choice of an exchange rate system. The advantages of flexible rates are viewed to have been exaggerated. They do not permit governments to have permanently higher rates of economic activity...
Persistent link: https://www.econbiz.de/10005718012
This paper reviews the extent to which a decade of analysis and experience has altered the thinking on the choice of an exchange rate system. The advantages of flexible rates are viewed to have been exaggerated. They do not permit governments to have permanently higher rates of economic activity...
Persistent link: https://www.econbiz.de/10008914918
This paper is centred on the advanced pricing agreements (APAs). The increasing globalisation has created many challenges for multinational enterprises (MNEs) and among these are taxation and accounting related issues. Transfer pricing issues have become a major international taxation issue in...
Persistent link: https://www.econbiz.de/10010669119
Persistent link: https://www.econbiz.de/10005519866
The degree to which credit markets discipline sovereign borrowers is investigated by estimating the supply curve for debt faced by U.S. states. The results generally support an optimistic view of the market discipline hypothesis, with credit markets providing incentives for sovereign borrowers...
Persistent link: https://www.econbiz.de/10005522021
Persistent link: https://www.econbiz.de/10005527607
The degree to which credit markets discipline sovereign borrowers is investigated by estimating the supply curve for debt faced by US states. The results generally support an optimistic view of the market discipline hypothesis, with credit markets providing incentives for sovereign borrowers to...
Persistent link: https://www.econbiz.de/10005498146
Persistent link: https://www.econbiz.de/10005419722
Persistent link: https://www.econbiz.de/10005419814
Persistent link: https://www.econbiz.de/10005419820