Michael Peter Devereux
Education
Ph.D. in Economics, University College London (1990);
MSc in Economics, London School of Economics (1982);
BA in Philosophy, Politics and Economics, Oxford (1980).
Present Positions
Since 2006, Professor of Business Taxation, Said Business School, University of Oxford, UK;
Since 2002, Chair of department;
Since 2000, Research Fellow, Centre for Economic Policy Research;
Since 1990, Research Fellow, Institute for Fiscal Studies, London.
Past Positions
1998-2006 Professor of Economics, Warwick University, UK;
1990-98 Professor of Economics and Finance, Keele University, UK;
1993-96 Head of Department;
1992-93 Houblon-Norman Research Fellow, Bank of England
Other Activities
Since 2005 Editor-in-Chief, International Tax and Public Finance;
Since 2005 Research Director, European Tax Policy Forum;
Since 2000 Editorial board, Economics Bulletin;
1999-01 Member of Expert Panel on Taxation, European Commission;
1991-91 Consultant, Ruding Committee on Corporation Tax;
1991-97 Managing Editor, Fiscal Studies;
1988-92, 1995-97 Consultant to Fiscal Affairs Committee, OECD.
Selected Publications
Books and reports:
"The Effective Levels of Company Taxation in the Member States of the EU", European Commission, Brussels, 2001, with Christoph Spengel and Lothar Lammersen;
"The Economics of Tax Policy", editor, Oxford University Press, 1996;
"Taxing Profits in a Global and Economy: Domestic and International Issues", OECD, Paris, 1991, with Mark Pearson, Peter Birch Sorensen and OECD staff
Papers:
“Why has the UK corporation tax raised so much revenue?” Fiscal Studies, 2004, 25.4, 367-388, with Rachel Griffith and Alex Klemm;
“The geographic distribution of production activity in Britain”, Regional Science and Urban Economics, 2004, 34.5, 533-564, with Rachel Griffith and Helen Simpson;
“Some Optimal Tax Rules for International Portfolio and Direct Investment”, FinanzArchiv, 2004, 60, 1-23;
“Debating Proposed Reforms of the Taxation of Corporate Income in the European Union”, International Tax and Public Finance, 2004, 11, 71-89;
“Measuring taxes on income from capital”, chapter 2, and “Measuring taxes on income from capital: evidence from the UK”, chapter 3 (with Alex Klemm) in P. Birch Sorensen ed. Measuring the Tax Burden on Capital and Labour, Cambridge, USA: MIT Press, 2004, 35-98;
“Taxing multinationals”, International Tax and Public Finance, 2003, 10, 469-487, with R. Glenn Hubbard. “Corporate taxes and inefficiency in Europe”, National Tax Journal, 2003, Proceedings of 95th Annual Conference 2002, 226-235, with Christoph Spengel and Lothar Lammersen;
“Measuring tax incidence: an application to mortgage provision in the UK”, Journal of Public Economics, 2003, 87, 1747-1778, with Gauthier Lanot;
“Generalised R-based and S-based taxes under uncertainty”, Journal of Public Economics, 2003, 87, 1291-1311, with Stephen Bond;
“Evaluating tax policy for location decisions”, International Tax and Public Finance, 2003, 10, 107-126, with Rachel Griffith;
“Corporate income tax reforms and international tax competition”, Economic Policy, 2002, 35, 451-495, with Rachel Griffith and Alex Klemm;
“The impact of corporate taxation on the location of capital: a review”, Swedish Economic Policy Review, 2002, Reprinted in Economic Analysis and Policy, 2003, 33, 275-292, with Rachel Griffith;
“Issues in the taxation of income from foreign portfolio and direct investment”, in S. Cnossen ed. Taxing capital income in the European Union, Oxford: Oxford University Press, 2000, 110-134;
“Taxes and the location of production: evidence from a panel of US multinationals”, Journal of Public Economics 68(3), 1998, 335-367, with Rachel Griffith;
“The Report on the Technical Committee on Business Taxation (the Mintz Report)”, Canadian Tax Journal, 1998, 46.6, 3-9;
"Intertemporal consumption, durables and liquidity constraints: a cohort analysis", European Economic Review, 1997, 41, 37-59, with Rob Alessie and Guglielmo Weber;
“Taxes and company dividends: a microeconometric investigation exploiting cross-section variation in taxes”, Economic Journal, 1996, 106, 320-333, with Stephen Bond and Lucy Chennells;
“European tax harmonisation and production efficiency", European Economic Review, 1995, 39, 1657-1681, with Mark Pearson;
"On the design of a neutral business tax under uncertainty", Journal of Public Economics, 1995, 58, 57-71, with Stephen Bond;
“The impact of tax on foreign direct investment: empirical evidence and the implications for tax integration schemes", International Tax and Public Finance, 1995, 2, 85-106, with Harold Freeman;
"Corporation tax asymmetries and investment: evidence from UK panel data", Journal of Public Economics, 1994, 53, 395-418, with Michael Keen and Fabio Schiantarelli;
"Investment and Tobin's Q: Some evidence from panel data", Journal of Econometrics, 1992, 51, 233-257, with Richard Blundell, Stephen Bond and Fabio Schiantarelli;
"A general neutral profits tax", Fiscal Studies, 1991 (with H. Freeman);
"Tax asymmetries, the cost of capital and investment", Economic Journal, 1989, 99, 103-112