Publications

The Limits of a Broad VAT Cut: Pass-Through Heterogeneity and Welfare Interpretation

With Michael Barczay and Tom Zimmermann

CESifo Working Paper No. 12922

Taxing Cross-Border Services

With Brendan Crowley, Rasmi Das, Tibor Hanappi, Cory Hillier, Adam Jakubik, Eric Robert and Christophe J. Waerzeggers

IMF Working Paper No. 2026/152

Taxing Mobile Money: Theory and Evidence

With Michael Barczay, Fayçal Sawadogo and Jean-François Wen

IMF Working Paper No. 2025/255

Efficiency Aspects of the Value Added Tax

With Ruud de Mooij and Michael Keen

IMF Working Paper No. 25/165

Excess Profit Taxes: Historical Perspective and Contemporary Relevance

With Dinar Prihardini and Nate Vernon

IMF Working Paper

Forward-Looking Effective Tax Rates under the Global Minimum Corporate Tax

With Andualem Mengistu

IMF Economic Review

The Effect of Parental Wealth on Labor Income: Evidence from the Norwegian Wealth Tax

With Kristoffer Berg

Journal of Economic Behavior and Organization, vol. 40, 107284

How Does Profit Shifting Affect the Balance of Payments?

With Alexander Klemm and Yuou Wu

FinanzArchiv / European Journal of Public Finance, vol. 81(4), pp. 369–396

Cryptocarbon: How Much Is the Corrective Tax?

With Nate Vernon-Lin

Energy Economics, vol. 138, 107827

Pareto-Improving Minimum Corporate Taxation

With Michael Keen

Journal of Public Economics, vol. 225, 104952

Taxing Cryptocurrencies

With Katherine Baer, Ruud de Mooij and Michael Keen

Oxford Review of Economic Policy, vol. 39(3), pp. 478–497

Exploring Residual Profit Allocation

With Sebastian Beer, Ruud A. de Mooij, Michael Keen and Li Liu

American Economic Journal: Economic Policy, vol. 15(1), pp. 70–109

Do Audits Improve Future Tax Compliance in the Absence of Penalties? Evidence from Random Audits in Norway

With Zhiyang Ji, Knut Løyland, Thor O. Thoresen and Arnstein Øvrum

Journal of Economic Behavior and Organization, vol. 70, pp. 305–326

Can Government Demand Stimulate Private Investment? Evidence from U.S. Federal Procurement

With Tom Zimmermann

Journal of Monetary Economics, vol. 118, pp. 178–194

At Your Service! The Role of Tax Havens in International Trade with Services

With Niels Johannesen

European Economic Review, vol. 135, pp. 1–25

Revenue Implications of Destination Based Cash Flow Taxation

With Alexander Klemm and Saila N. Stausholm

IMF Economic Review, vol. 68, pp. 848–874

A Destination-Based Allowance for Corporate Equity

With Alexander Klemm

International Tax and Public Finance, vol. 27, pp. 753–777

Curbing Corporate Debt Bias: Do Limitations to Interest Deductibility Work?

With Ruud De Mooij

Journal of Banking and Finance, vol. 96, pp. 368–378

Revisiting the Narrative Approach of Estimating Tax Multipliers

With Tom Zimmermann

Scandinavian Journal of Economics, vol. 120, pp. 428–439

Evaluating the Effects of ACE Systems on Multinational Debt Financing and Investment

With Martin Ruf

Journal of Public Economics, vol. 156, pp. 131–149

Toward a Mutualization of European Unemployment Insurance? On Limiting the Downsides of a Fiscal Transfer System for the Eurozone

With Alfons Weichenrieder

CESifo Economic Studies, vol. 62(2), pp. 376–395

A Journey from a Corruption Port to a Tax Haven

With Vilen Lipatov

Journal of Comparative Economics, vol. 42(3), pp. 739–754

Money at the Docks of Tax Havens: A Guide

FinanzArchiv / Public Finance Analysis, vol. 70(3), pp. 458–485

Estimating the Effects of Coordinated Fiscal Actions in the Euro Area

With Tom Zimmermann

European Economic Review, vol. 58 (Feb), pp. 110–121

The Effects of Discretionary Fiscal Policy on Macroeconomic Aggregates: A Reappraisal

Journal of Economic Surveys, vol. 25(4), pp. 674–707

The Effects of Taxation on the Location Decision of Multinational Firms: M&A vs. Greenfield Investments

With Martin Ruf and Alfons Weichenrieder

National Tax Journal, vol. 64(3), pp. 817–838

International Debt Shifting and Multinational Firms in Developing Economies

With Clemens Fuest and Nadine Riedel

Economics Letters, vol. 113(2), pp. 135–138

Debt Financing and Sharp Currency Depreciations: Wholly versus Partially-Owned Multinational Affiliates

With Alfons Weichenrieder

Review of World Economics / Weltwirtschaftliches Archiv, vol. 146(2), pp. 281–302

Taxation in the Middle East and North Africa: Prospects and Possibilities

With Mario Mansour

IMF (book), ISBN: 9798400281501

Deciphering the GloBE in a Low-Tax Jurisdiction

With Cory Hillier and Andualem Mengistu

In Research Handbook on the Economics of Tax Havens, Arjan Lejour and Dirk Schindler (Eds.). Edward Elgar Publishing, Chapter 20.

A Macroeconomic Perspective on the Challenges of Taxing Multinationals

In Fiscal Policy in a Turbulent Era, Enrique Alberola (Ed.). Edward Elgar Publishing, Chapter 5, pp. 73–84.

Global Firms, National Corporate Taxes: An Evolution of Incompatibility

In Corporate Income Taxes Under Pressure: Why Reform Is Needed and How It Can Be Designed, De Mooij, R., Klemm, A., and Perry, V. (Eds.). IMF, Washington DC, Chapter 4.

Has Tax Competition Become Less Harmful?

In Corporate Income Taxes Under Pressure: Why Reform Is Needed and How It Can Be Designed, De Mooij, R., Klemm, A., and Perry, V. (Eds.). IMF, Washington DC, Chapter 6.

Destination-Based Taxation: A Promising but Risky Destination

With Alexander Klemm

In Corporate Income Taxes Under Pressure: Why Reform Is Needed and How It Can Be Designed, De Mooij, R., Klemm, A., and Perry, V. (Eds.). IMF, Washington DC, Chapter 13.

Options for Origin- and Destination-Based Rent Taxes in the Netherlands

With Alexander Klemm

In Tax by Design for the Netherlands, Cnossen, S. and Jacobs, B. (Eds.). Oxford University Press, Chapter 11. Available in Dutch, 2021..

Formulary Methods in International Taxation

With Ruud De Mooij and Li Liu

In Tax by Design for the Netherlands, Cnossen, S. and Jacobs, B. (Eds.). Oxford University Press, Chapter 12. Available in Dutch, 2021..

International Profit Shifting and Multinational Firms in Developing Economies

With Clemens Fuest and Nadine Riedel

In Critical Issues in Taxation and Development, Fuest, C., and Zodrow, G. (Eds.). MIT Press, Cambridge, MA, pp. 145–166.

Can Siri and Alexa Pay Taxes?

With Alexander Klemm

Bulletin for International Taxation, Volume 80, No. 4/5, 2026

The Future of Corporate Income Taxation

With Ruud de Mooij and Alexander Klemm

Hacienda Pública Española / Review of Public Economics, 255(4), 133–157

Hat sich die Weitergabe von Leitzinsen an Bankzinsen in der Eurozone abgeschwächt? Eine Einführung in einen wichtigen Transmissionsmechanismus der Geldpolitik und eine empirische Analyse der Zinszyklen der EZB

With Sebastian Weibels and Tom Zimmermann

Kölner Impulse zur Wirtschaftspolitik 02/2025

How To Tax Wealth?

With Alexander Klemm, Geerten Michielse and Carolina Osorio Buitron

IMF How-To Note No. 2024/001

Lebanon: Putting Tax Policy Back on Track

With Svetlana Cerovic, Michael Keen, Lydia Sofrona, Nate Vernon and Christophe Waerzeggers

IMF Technical Assistance Country Report No. 2023/008

Romania: Reforming Personal Income Taxation

With Naomi Feldman, Jean-François Wen and Philippe Wingender

IMF Technical Assistance Country Report No. 2022/199

Maldives: Estimating Tax Expenditures

With Marc Seguin and Nate Vernon

IMF Technical Assistance Country Report No. 2021/234

Capital Income Taxation in the Netherlands

With Alexander Klemm and Christophe Waerzeggers

IMF Working Paper No. WP/21/145

COVID-19 Recovery Contributions

With an IMF team

IMF Special Series on COVID-19

Tax Policy for Inclusive Growth after the Pandemic

With an IMF team

IMF Special Series on COVID-19

Chile — Assessment of Tax Expenditures and Corrective Taxes

With an IMF-OECD team

IMF Technical Assistance Report No. 2020/305

Germany — Tax Pressures and Reform Options

With Victoria Perry and Alexander Klemm

Tax Notes International / IMF Selected Issues Paper

Maldives — Reform Options to Strengthen Tax Policy

With Lee Burns and John Norregaard

IMF Technical Assistance Report No. 19/196

Attractive Tax Jurisdictions

University of Barcelona, IEB Report 4

Taxation of Corporations in Switzerland

With Stephen Shay

IMF Selected Issues Paper

Capital Income Tax Reform in Denmark

With Alexander Klemm and Cory Hillier

Tax Notes International / IMF Selected Issues Paper

Growth-Enhancing Corporate Tax Reform in Belgium

With Ruud De Mooij and Milena Hrdinkova

Nordic Tax Journal, vol. 2018, Issue 1

Italy: Toward a Growth-Friendly Fiscal Reform

With Michal Andrle, Alvar Kangur and Mehdi Raissi

Economia Politica, Site says 'forthcoming, 2020'; CV: volume 38, pp. s385–420

A Review of Capital Taxation in France

With Mario Mansour, Victoria J. Perry and Christophe J. Waerzeggers

Tax Notes International

On Deficits and Symmetries in a Fiscal Capacity

With Alfons Weichenrieder

SAFE Working Paper No. 112

What Do We Know about the Tax Planning of German-Based Multinational Firms

With Alfons Weichenrieder

CESifo DICE Report 4/2014 (Winter)

Coordinating Taxation Across Borders

IMF Fiscal Monitor, Chapter 2 (lead author)

Taxing Multinationals in Europe

IMF European and Fiscal Affairs Departments

Corporate Taxation in the Global Economy

IMF Policy Papers

Tax Policy, Leverage and Macroeconomic Stability

IMF Policy Papers

Fiscal Policies for Innovation and Growth

IMF Fiscal Monitor, Chapter 2