International debt shifting and multinational firms in developing economies

@inproceedings{Fuest2011InternationalDS,
  title={International debt shifting and multinational firms in developing economies},
  author={Clemens Fuest and Shafik Hebous and Nadine Riedel},
  year={2011}
}
We present empirical evidence suggesting that the effect of the host country corporate tax rate on the debt ratio of multinational affiliates in developing economies is positive and larger than the same effect for affiliates in developed economies. 

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