„U.S. Tax Reform 1981 and 1986: Impact on International Capital Markets and Capital Flows“

Hans-Werner Sinn

National Tax Journal 41, 1988, pp. 327-340 (background paper for World Development Report, World Bank, 1988).


Studies the influence exerted by the 1981 and 1986 U.S. tax reforms on international movements and it attempts to demonstrate that the economic fluctuations described may well have been reinforced, if not caused, by these reforms.