Evaluating Tax Harmonization

I thank Alan Auerbach, Michael Devereux, Dhammika Dharmapala, Evgeniya Dubinina, Niels Johannsen, Michael Keen, Michael Smart, and seminar participants at the University of Michigan, University of Wisconsin, University of Utah, University of Oxford, University of Melbourne, NBER, the American Law & Economics Association and International Institute of Public Finance annual conferences, and the OMG Transatlantic Tax Talks for helpful comments, Jost Heckemeyer and Christoph Spengel for sharing effective average tax rate data, and George Cui and Ana Franco for outstanding research assistance. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.