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This paper uses data on the near universe of job adverts posted online in the US to study the impact of the 2018 trade war on US job opportunities. It develops measures of labor market exposure to three key channels of impact from the trade war: import protection for US producers, the higher...
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In the absence of financial frictions, the purpose of thin capitalization rules is to limit multinational firms’ possibilities of engaging in tax planning via debt shifting. This paper analyzes the effects of thin capitalization rules in the case where firms have limited access to external...
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Many countries spend significant resources on investment promotion agencies in the hope of attracting inflows of foreign direct investment. Despite the importance of this question for public policy choices, little is known about the effectiveness of investment promotion efforts. This study uses...
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