Shafik Hebous
Last Updated: April 25, 2024
Shafik Hebous is a deputy division chief in the IMF's Fiscal Affairs Department. He has led and participated in numerous capacity development works providing tax policy advice and technical assistance in several countries including in Asia (e.g., Cambodia, China, Malaysia, Maldives, and Myanmar), Africa (e.g., Swaziland, and Lesotho), Europe (e.g., Belgium, Cyprus, Denmark, France, Germany, Hungary, and Switzerland), and the Americas (e.g., Bahamas, Chile, Mexico). At the IMF, Shafik has also worked on surveillance and analytical projects including IMF flagship publications. Shafik was an adjunct professor at the OFS at the University of Oslo and assistant professor at the Goethe University Frankfurt. He has been a visiting researcher in a number of institutions including the economics department at the University of California, Berkeley, the Centre for Business Taxation at the University of Oxford, and the Research Centre of the Deutsche Bundesbank.
Email: SHEBOUS@imf.org
Personal WebPage: https://shafikhebous.com
Fluent In: Arabic, German.
Education:
PhD in Economics, Goethe University Frankfurt, 2010
Field of Expertise:
Development Economics
Open Economy Macroeconomics
International Trade
Public Finance
IMF Books and Working Papers:
Does a Wealth Tax Improve Equality of Opportunity? Evidence from Norway , Working Paper No. 2021/085 , March 19, 2021
How Does Profit Shifting Affect the Balance of Payments? , Working Paper No. 2021/041 , February 19, 2021
Global Firms, National Corporate Taxes: An Evolution of Incompatibility , Working Paper No. 20/178 , September 04, 2020
Exploring Residual Profit Allocation , Working Paper No. 20/49 , February 28, 2020
Revenue Implications of Destination-Based Cash-Flow Taxation , Working Paper No. 19/7 , January 15, 2019
A Destination-Based Allowance for Corporate Equity , Working Paper No. 18/239 , November 08, 2018
Italy: Toward a Growth-Friendly Fiscal Reform , Working Paper No. 18/59 , March 16, 2018
IMF Occasional Papers, Pamphlets, and Special Issues Papers
International Corporate Tax Reform
Coordinating Taxation Across Borders, Fiscal Monitor, Chapter 2, April 2022.
- Corporate Taxation in the Global Economy, IMF Policy Papers, March 2019
- Tax Policy, Leverage and Macroeconomic Stability, IMF Policy Papers, October 2016
- Fiscal Policies for Innovation and Growth, Fiscal Monitor, Chapter 2, April 2016
- Taxing Multinationals in Europe, IMF European and Fiscal Affairs Departments, May 2021
iMFdirect Blog Posts
Tax Coordination Can Lead to a Fairer, Greener Global Economy (with Vitor Gaspar and Paolo Mauro)
Selected Issue
- Germany — Tax Pressures and Reforms Options, July 2019
- Fiscal Federalism in Switzerland, June 2019
- Capital Income Tax Reform Options in Denmark, June 2018
- Taxation of Corporations in Switzerland, May 2018
- A Review of Capital Taxation in France, September 2017
- Growth-Enhancing Corporate Tax Reform in Belgium, March 2017
Other Published Materials
Publications in Journals (Refereed)
- Can Government Demand Stimulate Private Investment? Evidence from U.S. Federal Procurement (with Tom Zimmermann) Journal of Monetary Economics, 2021, vol. 128, pp. 178–194.
- Revenue Implications of Destination Based Cash Flow Taxation (with Alexander Klemm and Saila N. Stausholm) IMF Economic Review, 2020, vol. 68, pp. 848–874.
- A Destination-Based Allowance for Corporate Equity (with Alexander Klemm) International Tax and Public Finance , 2020, vol. 27, 753–777
- Curbing Corporate Debt Bias: Do Limitations to Interest Deductibility Work? (with Ruud De Mooij), Journal of Banking and Finance , 2018, vol. 96, 368–378.
- Revisiting the Narrative Approach of Estimating Tax Multipliers (with Tom Zimmermann) Scandinavian Journal of Economics, 2018, vol. 120, pp. 428–439.
- Evaluating the Effects of ACE Systems on Multinational Debt Financing and Investment (with Martin Ruf ) Journal of Public Economics, 2017, vol. 156, pp. 131–149.
- Estimating the Effects of Coordinated Fiscal Actions in the Euro Area (with Tom Zimmermann) European Economic Review, 2013, vol. 58 (Feb), 110–121.
Shafik Hebous is a deputy division chief in the IMF's Fiscal Affairs Department. He has led and participated in numerous capacity development works providing tax policy advice and technical assistance in several countries including in Asia (e.g., Cambodia, China, Malaysia, Maldives, and Myanmar), Africa (e.g., Swaziland, and Lesotho), Europe (e.g., Belgium, Cyprus, Denmark, France, Germany, Hungary, and Switzerland), and the Americas (e.g., Bahamas, Chile, Mexico). At the IMF, Shafik has also worked on surveillance and analytical projects including IMF flagship publications. Shafik was an adjunct professor at the OFS at the University of Oslo and assistant professor at the Goethe University Frankfurt. He has been a visiting researcher in a number of institutions including the economics department at the University of California, Berkeley, the Centre for Business Taxation at the University of Oxford, and the Research Centre of the Deutsche Bundesbank.
Email: SHEBOUS@imf.org
Personal WebPage: https://shafikhebous.com
Fluent In: Arabic, German.
Education:
PhD in Economics, Goethe University Frankfurt, 2010
Field of Expertise:
Development Economics
Open Economy Macroeconomics
International Trade
Public Finance
IMF Books and Working Papers:
Does a Wealth Tax Improve Equality of Opportunity? Evidence from Norway , Working Paper No. 2021/085 , March 19, 2021
How Does Profit Shifting Affect the Balance of Payments? , Working Paper No. 2021/041 , February 19, 2021
Global Firms, National Corporate Taxes: An Evolution of Incompatibility , Working Paper No. 20/178 , September 04, 2020
Exploring Residual Profit Allocation , Working Paper No. 20/49 , February 28, 2020
Revenue Implications of Destination-Based Cash-Flow Taxation , Working Paper No. 19/7 , January 15, 2019
A Destination-Based Allowance for Corporate Equity , Working Paper No. 18/239 , November 08, 2018
Italy: Toward a Growth-Friendly Fiscal Reform , Working Paper No. 18/59 , March 16, 2018
IMF Occasional Papers, Pamphlets, and Special Issues Papers
International Corporate Tax Reform
Coordinating Taxation Across Borders, Fiscal Monitor, Chapter 2, April 2022.
- Corporate Taxation in the Global Economy, IMF Policy Papers, March 2019
- Tax Policy, Leverage and Macroeconomic Stability, IMF Policy Papers, October 2016
- Fiscal Policies for Innovation and Growth, Fiscal Monitor, Chapter 2, April 2016
- Taxing Multinationals in Europe, IMF European and Fiscal Affairs Departments, May 2021
iMFdirect Blog Posts
Tax Coordination Can Lead to a Fairer, Greener Global Economy (with Vitor Gaspar and Paolo Mauro)
Selected Issue
- Germany — Tax Pressures and Reforms Options, July 2019
- Fiscal Federalism in Switzerland, June 2019
- Capital Income Tax Reform Options in Denmark, June 2018
- Taxation of Corporations in Switzerland, May 2018
- A Review of Capital Taxation in France, September 2017
- Growth-Enhancing Corporate Tax Reform in Belgium, March 2017
Other Published Materials
Publications in Journals (Refereed)
- Can Government Demand Stimulate Private Investment? Evidence from U.S. Federal Procurement (with Tom Zimmermann) Journal of Monetary Economics, 2021, vol. 128, pp. 178–194.
- Revenue Implications of Destination Based Cash Flow Taxation (with Alexander Klemm and Saila N. Stausholm) IMF Economic Review, 2020, vol. 68, pp. 848–874.
- A Destination-Based Allowance for Corporate Equity (with Alexander Klemm) International Tax and Public Finance , 2020, vol. 27, 753–777
- Curbing Corporate Debt Bias: Do Limitations to Interest Deductibility Work? (with Ruud De Mooij), Journal of Banking and Finance , 2018, vol. 96, 368–378.
- Revisiting the Narrative Approach of Estimating Tax Multipliers (with Tom Zimmermann) Scandinavian Journal of Economics, 2018, vol. 120, pp. 428–439.
- Evaluating the Effects of ACE Systems on Multinational Debt Financing and Investment (with Martin Ruf ) Journal of Public Economics, 2017, vol. 156, pp. 131–149.
- Estimating the Effects of Coordinated Fiscal Actions in the Euro Area (with Tom Zimmermann) European Economic Review, 2013, vol. 58 (Feb), 110–121.