Front Matter Page
Fiscal Affairs Department
Contents
Abstract
I. Introduction
II. Background on Exchange of Information in Tax Matters
A. Different Frameworks for EOI Over Time
B. Skepticism Over the Impact of AEOI Frameworks
III. Empirical Strategy
A. Measuring the Impact of EOI
B. Identifying Offshore Banks
IV. Data
V. Empirical Findings
A. Effect on Deposits in Offshore Jurisdictions
B. Robustness
C. Effect on Countering Round-Tripping
D. Finite mixture model results
VI. Conclusion
References
Tables
1. Subsets of Locational Data and Measured Effects
2. Descriptive Statistics
3. Baseline Results
4. Robustness Checks
5. Round-Tripping Results
6. Finite Mixture Model Results
Figures
1. EOIR under DTTs and TIEAs
2. Evolution of Cross-Border Bank Deposits (in % of group-specific GDP)
Annex
1. Finite Mixture Model Estimations