In this study, I review the empirical literature on the real effects of corporate taxation. I define
real effects broadly as firms' investment responses, corporate risk taking, capital structure …

This paper provides a brief review of the academic literature that assesses the quantitative
importance of tax avoidance behaviour of multinational entities (MNEs) by means of income …

This article studies the effect of corporate and personal taxes on innovation in the United
States over the twentieth century. We build a panel of the universe of inventors who patented …

The relationship between financing constraints, investments in research and development
(R&D) and innovative performances has recently attracted renewed attention in the …

Innovation is central to long-run economic growth. This chapter summarizes the state of the
literature on the economics of innovation, highlighting open policy questions. We first …

This paper discusses the design of excess profits taxes (EPTs) that gained renewed interest
following the COVID-19 outbreak and the recent surge in energy prices. EPTs can be …

A “patent box” is a term for the application of a lower corporate tax rate to the income derived
from the ownership of patents. This tax subsidy instrument has been introduced in a number …

This paper discusses the potential consequences of the international tax provisions of the
recent Tax Cut and Jobs Act (TCJA), drawing on existing research. It uses the observed …

This paper establishes the biggest existing data set on R&D tax incentives, covering 106
countries annually between 1996 and 2012. We formulate two combined measures of tax …