Veranstaltungen

Veranstaltungen der Abteilung Staat
17. Januar 2018

Cluster-Seminar Öffentliche Finanzen und Lebenslagen Hurricanes, nightlights and the elusive comparative advantage of offshore finance

A number of small offshore jurisdictions exhibit disproportionally large international capital positions. According to governments of these jurisdictions, such positions are (a) the result of a comparative advantage in providing financial services internationally and (b) improve welfare in these jurisdictions. I use the natural experiment of re-occuring hurricanes to test if (a) the capital positions in these jurisdictions react in line with real economic activity on the island as measured by satellite data on nightlights and (b) if such jurisdictions have an advantage in providing a public good (hurricane resilience) when compared to similar jurisdictions not engaged in offshore finance. Preliminary results suggest that hurricanes have a significant impact on local economic activity but not on capital positions. This suggests that the activities leading to such positions take place elsewhere and are not due to a local 'comparative advantage'. Preliminary evidence on public good provision is mixed suggesting some dissemination of funds acquired through offshore finance activities.

Referent/-in
Zeit
12:30 - 13:30
Ort
DIW Berlin (Eleanor-Dulles-Raum) DIW Berlin im Quartier 110 Raum 5.2.010 Mohrenstraße 58 10117 Berlin
Ansprechpartner/-in
im DIW Berlin
Tel.: +49 30 89789 369
Tel.: +49 30 89789 383
16. Februar 2018

DIW Applied Micro Seminar The Intergenerational Causal Effect of Tax Evasion: Evidence from the Commuter Tax Allowance in Austria

Mehr Informationen
Speaker
  • Martin Halla, Johannes Kepler University Linz

  • Eingeladen von
    Zeit
    13:15 - 14:30
    Ort
    DIW Berlin (Eleanor-Dulles-Raum) DIW Berlin im Quartier 110 Raum 5.2.010 Mohrenstraße 58 10117 Berlin
    Ansprechpartner/-in
    im DIW Berlin
    Tel.: +49 30 89789 165
    Tel.: +49 30 89789 673