International business taxation and the business cash flow tax

Investments and business profits are internationally mobile. Countries respond by tackling international profit shifting. As a result, the international allocation of taxable profits becomes an increasingly complex and costly issue. Reform proposals either address the Organisation of Economic Co-operation and Development approach to international profit allocation or target tax bases that are less mobile than profits. This paper investigates cash flow as a tax base. A business cash flow tax abolishes current accrual accounting and has the potential to block international profit shifting. Financing vanishes to become a tax-planning tool because the investments’ market return is tax free under a cash flow tax. Profit shifting via intra-group transactions is eliminated if the business cash flow tax is based on the country of destination principle. However, a destination-based business cash flow tax might distort the investment decisions of international groups.     

Germany and its immigrants: a socio-demographic analysis

"Germany is today, along with the USA and Russia, one of the three most important immigration countries worldwide. The authors examine how the immigrant population of Germany has risen despite the fact that the German government has sought to restrict it. They analyse six major streams of migration: refugees and expellees who came immediately after World War II, German resettlers from Eastern Europe (?Aussiedler'), emigration of (West) Germans, migration between East and West Germany, foreign labour migrants and asylum seekers. The dynamics of immigration within each of these channels was remarkably different. As far as absorption and integration are concerned the authors argue that different groups of immigrants should be treated more equally."     

Efficient Tests Under a Weak Convergence Assumption

The asymptotic validity of tests is usually established by making appropriate primitive assumptions, which imply the weak convergence of a specific function of the data, and an appeal to the continuous mapping theorem. This paper, instead, takes the weak convergence of some function of the data to a limiting random element as the starting point and studies efficiency in the class of tests that remain asymptotically valid for all models that induce the same weak limit. It is found that efficient tests in this class are simply given by efficient tests in the limiting problem—that is, with the limiting random element assumed observed—evaluated at sample analogues. Efficient tests in the limiting problem are usually straightforward to derive, even in nonstandard testing problems. What is more, their evaluation at sample analogues typically yields tests that coincide with suitably robustified versions of optimal tests in canonical parametric versions of the model. This paper thus establishes an alternative and broader sense of asymptotic efficiency for many previously derived tests in econometrics, such as tests for unit roots, parameter stability tests, and tests about regression coefficients under weak instruments.     

Risk factors for femicide-suicide in abusive relationships: results from a multisite case control study

The killing of women by men who then take their own lives (femicide-suicide) is the most common form of homicide-suicide. This study identified femicide-suicide risk factors in an 11-city case-control study of femicide in the United States. Perpetrator, victim, relationship, and incident characteristics were analyzed for femicide-suicide cases (n = 67) and controls (n = 356, women living in the community with nonfatal physical abuse) using logistic regression modeling. Two risk factors emerged that were unique to femicide-suicides cases compared to overall femicide risk analyses: prior perpetrator suicide threats and victims having ever been married to the perpetrator.     

HAC Corrections for Strongly Autocorrelated Time Series

Applied work routinely relies on heteroscedasticity and autocorrelation consistent (HAC) standard errors when conducting inference in a time series setting. As is well known, however, these corrections perform poorly in small samples under pronounced autocorrelations. In this article, I first provide a review of popular methods to clarify the reasons for this failure. I then derive inference that remains valid under a specific form of strong dependence. In particular, I assume that the long-run properties can be approximated by a stationary Gaussian AR(1) model, with coefficient arbitrarily close to one. In this setting, I derive tests that come close to maximizing a weighted average power criterion. Small sample simulations show these tests to perform well, also in a regression context.     

External commercialization of knowledge: Review and research agenda

Companies increasingly make use of external knowledge exploitation, i.e. the commercialization of knowledge assets, although they often perceive considerable difficulties in managing external commercialization tasks. These difficulties are partly due to the imperfections in the markets for knowledge, which may be mastered by adequate management, as examples of various well-known companies show. In combination, these facts point to the need for research into external knowledge exploitation. A thorough analysis of past research confirms this need and shows that the existing literature is highly fragmented. By integrating the main findings of the different research streams, a detailed overview of the literature on external knowledge exploitation is established. The key characteristics of externally leveraging knowledge assets are presented, and a research agenda is set up.     

How not to become a museum piece

In this essay I want to address two question marks which arose during my reading of Michael Burawoy's inspiring piece. First, sharing his spirit of recreating the sociological enlightenment by differentiating between different types of public sociologies, I do not share his optimism that sociology can easily become an integral part of public discourse and practice. Second, I don't think that mainstream sociology is really prepared for this adventure. My argument points in the opposite direction: all the different forms of public and non-public sociology are in danger of becoming museum pieces. Thus, sociology not only needs a public voice, it also needs to be reinvented first--in order to have a public voice at all!     

Prejudice and Group-Related Behavior in Germany

This article analyses the relationship of ethnic prejudice and discriminatory behavioral intentions in Germany. We utilize two representative surveys conducted in 2002 and 2004 ( N = 2,722 and 1,383, respectively) as well as a longitudinal study with three annual measurement points (2002–2004; N = 825). Results show that prejudice is substantially correlated with the respondents' reports of their own discriminatory intentions ( R = .33 to .49). Controlling for additional psychological variables, the cross-lagged, longitudinal analyses support the causal hypothesis that prejudice leads to discriminatory intentions. Additional influences on discriminatory intentions—intergroup threat and intergroup contact—are substantially mediated by ethnic prejudice. Thus, a practical implication of these results is that the reduction of intergroup threat and increment of intergroup contact may well lead to both reduced intergroup prejudice and to less discriminatory behavior .     

Reconsidering the common ratio effect: the roles of compound independence,reduction, and coalescing

Common ratio effects should be ruled out if subjects’ preferences satisfy compound independence, reduction of compound lotteries, and coalescing. In other words, at least one of these axioms should be violated in order to generate a common ratio effect. Relying on a simple experiment, we investigate which failure of these axioms is concomitant with the empirical observation of common ratio effects. We observe that compound independence and reduction of compound lotteries hold, whereas coalescing is systematically violated. This result provides support for theories which explain the common ratio effect by violations of coalescing (i.e., configural weight theory) instead of violations of compound independence (i.e., rank-dependent utility or cumulative prospect theory).