• Abusive transfer pricing and economic activity 

      Nielsen, Søren Bo; Schindler, Dirk; Schjelderup, Guttorm (Discussion papers;21/14, Working paper, 2014-05)
      This paper investigates how concealment costs of transfer pricing and the prob- ability of detection affect transfer pricing and firm behavior. We find that transfer pricing in intermediate production factors does not ...
    • Advertising and Newspaper Differentiation: On the Role of Readers’ Advertising Taste 

      Kind, Hans Jarle; Koethenbuerger, Marko; Schjelderup, Guttorm (Discussion paper, Working paper, 2007-01)
      Newspapers have an incentive to moderate their profile in order to gain a larger readership and thus higher advertising revenue. We show that this incentive is weakened both if readers are ad-haters and if they are ad-lovers.
    • Capital structure and international debt shifting: a comment 

      Møen, Jarle; Schindler, Dirk; Schjelderup, Guttorm (Discussion paper, Working paper, 2008-08)
      In a recent article, Huizinga, Laeven and Nicodème (2008) present a novel model that motivates an extensive empirical analysis of international debt shifting. We point out that the model fails to account for internal ...
    • Capital Taxation and Imperfect Competition: ACE vs. CBIT 

      Brekke, Kurt; Pires, Armando José Garcia; Schindler, Dirk; Schjelderup, Guttorm (Discussion paper;37/14, Working paper, 2014-11)
      This paper studies the market and welfare effects of two main tax reforms – the Corporate Business Income Tax (CBIT) and the Allowance for Corporate Equity tax (ACE). Using an imperfect-competition model for a small open ...
    • Efficiency enhancing taxation in two-sided markets 

      Kind, Hans Jarle; Koethenbuerger, Marko; Schjelderup, Guttorm (Discussion paper, Working paper, 2008-01)
      This paper examines the efficient provision of goods in two-sided markets and characterizes optimal specific and ad-valorem taxes. We show that (i) a monopoly may have too high output compared to the social optimum; (ii) ...
    • Harmonization of Corporate Tax Systems and its Effect on Collusive Behavior 

      Schindler, Dirk; Schjelderup, Guttorm (Discussion paper, Working paper, 2007-01)
      We study how harmonization of corporate tax systems affects the stability of international cartels. We show that tax base harmonization reinforces collusive agreements, while harmonization of corporate tax rates may ...
    • Immobilizing Corporate Income Shifting: Should It Be Safe to Strip in the Harbor? 

      Gresik, Thomas A.; Schindler, Dirk; Schjelderup, Guttorm (Discussion paper;31/15, Working paper, 2015-11-18)
      Many subsidiaries can deduct interest payments on internal debt from their taxable income. By issuing internal debt from a tax haven, multinationals can shift income out of host countries through the interest rates they ...
    • Investor State Dispute Settlement and Multinational Firm Behavior 

      Schjelderup, Guttorm; Stähler, Frank (Discussion paper;4/17, Working paper, 2017-03-30)
      Investor-state dispute settlements (ISDS) were supposed to become an integral part of multilateral trade and investment agreements although the partner countries of these deals do not suffer from substantial institutional ...
    • Media firm strategy and advertising taxes 

      Kind, Hans Jarle; Koethenbuerger, Marko; Schjelderup, Guttorm (Discussion paper, Working paper, 2011-02)
    • Multinationals, minority ownership and tax-efficient financing structures 

      Schindler, Dirk; Schjelderup, Guttorm (Discussion paper, Working paper, 2008-10)
      We model how multinationals structure their borrowing and lending transactions and find that affiliates in high-tax countries have higher internal and overall debt ratios and lower rental rates of physical capital than ...
    • Newspaper Differentiation and Investments in Journalism: The Role of Tax Policy 

      Kind, Hans Jarle; Schjelderup, Guttorm; Stähler, Frank (Discussion paper;12/09, Working paper, 2009-11)
      Newspapers are considered to be important providers of information, culture and language, and are taxed at a reduced VAT rate in most countries. This paper shows that such a policy may a¤ect newspaper differentiation and ...
    • Newspapers and Advertising: The Effects of Ad-Valorem Taxation under Duopoly 

      Kind, Hans Jarle; Schjelderup, Guttorm; Stähler, Frank (Discussion paper, Working paper, 2007-01)
      Newspapers are two-sided platforms that sell their product both to readers and advertisers. Media firms in general, and newspapers in particular, are considered important providers of information, culture and language in ...
    • On revenue and welfare dominance of ad valorem taxes in two-sided markets 

      Kind, Hans Jarle; Koethenbuerger, Marko; Schjelderup, Guttorm (Discussion paper, Working paper, 2009-09)
      A benchmark result in public economics is that it is possible to increase both tax revenue and welfare by making a monopoly subject to ad valorem taxes rather than unit taxes. We show that such revenue and welfare ...
    • Profit-shifting in two-sided markets 

      Schindler, Dirk; Schjelderup, Guttorm (Discussion paper, Working paper, 2009-04)
    • Redistributive taxation, multinational enterprises, and economic integration 

      Haufler, Andreas; Klemm, Alexander; Schjelderup, Guttorm (Discussion paper, Working paper, 2008-03)
      Increased activity of multinational firms exposes national corporate tax bases to cross-country profit shifting, but also leads to rising profitability of the corporate sector. We incorporate these two effects of economic ...
    • Secrecy Jurisdictions 

      Schjelderup, Guttorm (Discussion paper;12/15, Working paper, 2015-03-10)
      This paper surveys tax haven legislation and links the literature on tax havens to the literature on asymmetric information. I argue that the core aim of tax haven legislation is to create private information (secrecy) ...
    • Taxation in Two-Sided Markets 

      Kind, Hans Jarle; Koethenbuerger, Marko; Schjelderup, Guttorm (Discussion paper, Working paper, 2007-01)
      Two-sided platform firms serve distinct customer groups that are connected through interdependent demand, and include major businesses such as the media industry, banking, and the software industry. A well known textbook ...
    • Taxes and Decision Rights in Multinationals 

      Nielsen, Søren Bo; Raimondos-Møller, Pascalis; Schjelderup, Guttorm (Discussion paper, Working paper, 2007)
      We examine how a multinational’s choice to centralize or de-centralize its decision structure is affected by country tax differentials. Within a simple model that emphasizes the multiple conflicting roles of transfer prices ...
    • Taxing mobile capital and profits: The nordic welfare states 

      Schjelderup, Guttorm (Discussion paper;30/15, Working paper, 2015-10-30)
      This paper discusses trends in capital taxation and the role of the corporate tax rate in a welfare state. It provides a summary of the tax competition literature with special application to capital taxation in small ...
    • Taxing Royalty Payments 

      Juranek, Steffen; Schindler, Dirk; Schjelderup, Guttorm (Discussion paper;16/16, Working paper, 2016-09-16)
      The digital economy is characterized by the use of intellectual property such as software, patents and trademarks. The pricing of such intangibles is widely used to shift profits to low-tax countries. We analyze the role ...