Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/168082
Authors: 
Miethe, Jakob
Menkhoff, Lukas
Year of Publication: 
2017
Series/Report no.: 
Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Empirical Finance C16-V1
Abstract: 
We use recently released bilateral locational banking statistics of the BIS to show the full circle of international tax evasion via tax havens. White-washed money from tax havens is withdrawn from banks in non-havens if an information treaty is signed. This complements the stylized fact of such a reaction on outbound flows into tax havens. We find different time lags and other plausible structures in these reactions and a puzzling decline of the effect of treaties on capital flows over time.
JEL: 
F38
G21
H26
Document Type: 
Conference Paper

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