This paper analyses the effect of a firm’s organizational capacity on reported profitability of multinational enterprises (MNEs). Better organizational practices improve productivity and the potential taxable profits of firms. However, higher adoption of these practices may also enable more efficient allocation of profits across tax jurisdictions, lowering actual taxable profits. We present new evidence that MNE subsidiaries with better such practices, when located in high-tax countries, report significantly lower profits and have higher incidence of bunching around zero returns on assets.

The COVID-19 pandemic has affected our well-being in many dimensions. Understanding how these dimensions interact and what factors influence the overall level of well-being can be instrumental in policy design today and in the process of recovery once the pandemic is over. With this in mind, the Stockholm Institute of Transition Economics and the FREE Network invites you to participate in an online academic workshop on 'Dimensions of well-being'.

The Stockholm Institute of Transition Economics (SITE) in collaboration with the FREE Network is delighted to invite you to a webinar to share insights and knowledge on different strategies implemented in vaccination, opening up the borders and the socioeconomic aspects within Sweden, Eastern Europe and the Baltic Sea region, and the Caucasus region.

From arcades and home consoles, to an industry now worth billions, gaming has grown exponentially in the past few decades and experienced a tech evolution unlike any other industry. Join this webinar on June 10th to listen to experts in the gaming industry discuss its evolution!

Department of Economics is welcoming you to online seminar with Andrea Prat, Columbia University. Are voters able to distinguish real news from fake news? We develop a methodology that combines a protocol for identifying major mainstream real news stories, a quiz administered to survey participants, and the structural estimation of a model that disentangles individual information levels from news story salience. This is an online seminar which will take place via Zoom.

John Haltiwanger, Professor of Economics at the University of Maryland and the 2020 winner of the Global Award for Entrepreneurship Research, presented research on founding teams and startup performance.

Department of Economics is welcoming you to online seminar with Virgiliu Midrigan, Department of Economics, New York University. What are the most efficient means of redistribution in an unequal economy? We answer this question by characterizing the optimal shape of non-linear income and wealth taxes in a dynamic general equilibrium model with uninsurable idiosyncratic risk. This is an online seminar which will take place via Zoom.

Murat Tarakci, Associate Professor of Innovation Management at Rotterdam School of Management, Erasmus University, presented findings on whether social vision communication helps ventures recruit talented people.

On May 25, Misum hosted a high-level webinar exploring how Swedish climate policy can connect more ambitiously with international sustainability goals. Watch the webinar recording in three segments below.

Department of Economics is welcoming you to online seminar with Mathieu Marcoux, Assistant Professor of Economics, Université de Montréal. We study the asymptotic properties of the NPL algorithm treating the iterative procedure as performed in finite samples. We find that there are always samples for which the algorithm fails to converge, and this introduces a selection bias. We also propose a spectral algorithm to compute the NPL estimator. This algorithm satisfies local convergence and avoids the approximation of Jacobian matrices. We present simulation evidence illustrating our theoretical results and the good properties of the spectral algorithm. This is an online seminar which will take place via Zoom.