The Wall Street Journal, (December 2010), A11.
President Obama concluded his recent meeting with leading corporate executives with a call for more ideas about how to create jobs at home.
Read MoreTax U.S. Companies Into Spending→
/The Washington Post, (December 2010), A25.
Recent tax deal-making has relied on conventional instruments of fiscal stimulus. Yet, we live in unconventional times, and more novel approaches suited to the peculiarities of our current economy are required.
Read MoreDo Strong Fences Make Strong Neighbors?
/(w/ D. Dharmapala) National Tax Journal, 63 (December 2010), 723-740.
This paper examines the interaction of a strong fences policy with the increasingly important global markets for corporate residence, corporate control and corporate equities.
Read MoreThe Decentering of the Global Firm
/World Economy, 32:9 (September 2009), 1271-1290.
Almost 20 years ago, Robert Reich questioned how firms are linked to nation states by posing a provocative question, ‘Who is Us?’.
Read MoreCorporate Tax Avoidance and Firm Value→
/(w/ D. Dharmapala) Review of Economics and Statistics, 91:3 (August 2009), 537-546.
Do corporate tax avoidance activities advance shareholder interests? This paper tests alternative theories of corporate tax avoidance that yield distinct predictions on the valuation of corporate tax avoidance.
Read MoreDividend Taxes and International Portfolio Choice→
/(w/ D. Dharmapala) Review of Economics and Statistics, 93:1 (February 2011), 266-284.
This paper investigates how dividend taxes influence portfolio choices, using the response to the distinctive treatment of a subset of foreign dividends in the Jobs and Growth Tax Relief Reconciliation Act (JGTRRA) of 2003.
Read MoreSecuring Jobs or the New Protectionism? Taxing the Overseas Activities of Multinational Firms
/Tax Notes (April 2009).
The last two decades have witnessed two significant economic developments that are often linked in the popular imagination: the rapid increase of the foreign activities of American multinational firms and rising levels of economic insecurity, particularly among workers in certain sectors.
Read MoreEarnings Management, Corporate Tax Shelters, and Book-Tax Alignment→
/(w/ D. Dharmapala) National Tax Journal, 62 (March 2009), 169-186.
This paper reviews recent evidence analyzing the link between earnings management and corporate tax avoidance and considers the implications for how policymakers should evaluate the financial reporting environment facing firms.
Read MoreThe Fiscal Impact of High-Skilled Emigration: Indian Emigration to the U.S.
/(w/ D. Kapur, J. McHale, and K. Rogers) Journal of Development Economics, 88:1 (January 2009), 32-44.
This paper develops methodologies for inferring these consequences and applies them to the recent sizable emigration of high-skilled workers from India to the U.S.
Read MoreTaxes, Institutions and Foreign Diversification Opportunities→
/(w/ D. Dharmapala) Journal of Public Economics, 93:5-6 (June 2009), 703-714.
Investors can access foreign diversification opportunities through either foreign portfolio investment (FPI) or foreign direct investment (FDI).
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Mihir Desai's academic publications have appeared in leading economics, finance, and law journals. His work has emphasized the appropriate design of tax policy in a globalized setting, the links between corporate governance and taxation, and the internal capital markets of multinational firms. His research has been cited in The Economist, BusinessWeek, The New York Times, and several other publications.