Economics Department

Kim ClausingKimberly Clausing

Thormund A. Miller and Walter Mintz Professor of Economics

Department of Economics
Reed College
3203 SE Woodstock Blvd
Portland, OR 97202-8199, USA

Vollum 230
Office: (503) 517-7388
Fax: (503) 777-7776

Short Bio

Kimberly Clausing is the Thormund Miller and Walter Mintz Professor of Economics at Reed College, where she teaches international trade, international finance, and public finance. Her research studies the taxation of multinational firms. She has published numerous articles in this area, and she is the author of Open: The Progressive Case for Free Trade, Immigration, and Global Capital (Harvard University Press, 2019). Professor Clausing has received two Fulbright Research awards (to Belgium and Cyprus), and her research has been supported by external grants from the National Science Foundation, the Smith Richardson Foundation, the International Centre for Tax and Development, the U.S. Bureau of Economic Analysis, and the Washington Center for Equitable Growth. She has worked on economic policy research with the International Monetary Fund, the Hamilton Project, the Brookings Institution, and the Tax Policy Center, and she has testified before both the House Ways and Means Committee and the Senate Committee on Finance. Professor Clausing received her B.A. from Carleton College in 1991 and her Ph.D. from Harvard University in 1996.

Recent Courses

Economics 342: International Macroeconomics [PDF]
Economics 383: International Trade [PDF]


Professor Clausing is the author of Open: The Progressive Case for Free Trade, Immigration, and Global Capital. The book was published by Harvard University Press in 2019.

Selected Research Papers

Five Lessons on Profit Shifting from the US Country by Country Data.” 2020. Tax Notes Federal. (And Tax Notes International.) 169(6). November. 925-940.

Ending Corporate Tax Avoidance and Tax Competition: A Plan to Collect the Tax Deficit of Multinationals.” (with Emmanuel Saez and Gabriel Zucman). July 2020. 

Profit Shifting Before and After the Tax Cuts and Jobs Act.” 2020. National Tax Journal. 73(4). 1233-1266. Online appendixes.

Taxing Multinational Companies in the 21st Century.” 2020. In Shambaugh, Jay, and Ryan Nunn, eds. 2020. Tackling the Tax Code: Efficient and Equitable Ways to Raise Revenue. Washington, DC: The Hamilton Project. 237-283.

Fixing the Five Flaws of the Tax Cuts and Jobs Act.” 2020. Forthcoming, Columbia Journal of Tax Law.

Towards a 21st Century International Tax Regime.” (with Reuven Avi-Yonah). Tax Notes International. August 2019.

Does Tax Drive the Headquarters Locations of the World’s Biggest Companies?” 2018. Transnational Corporations. 25(2). 37-65.

"Is U.S. Corporate Income Double-Taxed?" (with Leonard Burman and Lydia Austin). September 2017. National Tax Journal. 675-706.

"Problems with Destination-Based Corporate Taxes and the Ryan Blueprint." (with Reuven Avi-Yonah). 2017. Columbia Journal of Tax Law. 8. 229-255.

"The Effect of Profit Shifting on the Corporate Tax Base in the United States and Beyond." 2016. National Tax Journal. December. 69(4). 905-934.

"A Price-Based Royalty Tax?" (with Michael Durst) 2016. Tax Notes International. 83(9). August. 803-814.

"U.S. Corporate Income Tax Reform and its Spillovers." (with Edward Kleinbard and Thornton Matheson) IMF Working Paper WP/16/127. July 2016.

"The U.S. State Experience under Formulary Apportionment: Are There Lessons for International Tax Reform?" 2016. National Tax Journal, June. 353-386. Online appendix.

"The Nature and Practice of Capital Tax Competition." 2016. in Dietsch, Peter, and Thomas Rixen, eds. Global Tax Governance. 27-54.

"Beyond Territorial and Worldwide Systems of International Taxation." 2015. Journal of International Finance and Economics. 15(2). 43-58.

"The Future of the Corporate Tax." 2013. Tax Law Review. 66(4). 419-443.

"Who Pays the Corporate Tax in a Global Economy?" 2013. National Tax Journal. 66 (1). 151–184.

"In Search of Corporate Tax Incidence." 2012. Tax Law Review. 65 (3). 433-472.

"A Burden-Neutral Shift From Foreign Tax Creditability to Deductibility?" (with Daniel Shaviro) 2011. Tax Law Review. 64(4). 431-452.

"Corporate Tax Revenues Under Formulary Apportionment:  Evidence from the Financial Reports of 50 Major U.S. Multinational Firms." (with Yaron Lahav). Forthcoming, Journal of International Accounting, Auditing, and Taxation, 20(2). 2011.

"Should Tax Policy Target Multinational Firm Headquarters?" National Tax Journal 63(4). December 2010. 741-763.

"Multinational Firm Tax Avoidance and Tax Policy." National Tax Journal, December 2009. 703-25.

"Allocating Business Profits for Tax Purposes: A Proposal to Adopt a Formulary Profit Split." (with Reuven S. Avi-Yonah and Michael C. Durst). Florida Tax Review. 9(5). 2009. 497-553.

"Closer Economic Integration and Corporate Tax Systems." Global Economy Journal. 8(2). March 2008. 1-22.

"Reforming Corporate Taxation in a Global Economy: A Proposal to Adopt Formulary Apportionment." (with Reuven Avi-Yonah) in Jason Furman and Jason E. Bordoff, eds. Path to Prosperity: Hamilton Project Ideas on Income Security, Education, and Taxes. 2008. 319-44.

"Corporate Tax Revenues in OECD Countries." International Tax and Public Finance, 14, April 2007, 115-33.

"International Tax Avoidance and U.S. International Trade." National Tax Journal, 59(2), June 2006, 269-87.

"The Role of U.S. Tax Policy in Offshoring." In Susan Collins and Lael Brainard, eds. Brookings Trade Forum: Offshoring White-Collar Work. 2006. Washington: Brookings. 457-482.

"Tax Holidays (and Other Escapes) in the American Jobs Creation Act." National Tax Journal, 58(3), September 2005, 331-46.

"Re-Entering Europe: Does European Union Candidacy Boost Foreign Direct Investment?" (with Cosmina Dorobantu). Economics of Transition, 13(1), January 2005, 77-103.

"Tax-Motivated Transfer Pricing and U.S. Intrafirm Trade Prices." Journal of Public Economics, 87, September 2003, 2207-2223.

Reprinted in James R. Hines, Jr., ed. 2008. International Taxation. International Library of Critical Writings in Economics. Northhampton: Elgar Reference. 255-71.

"Trade Creation and Trade Diversion in the Canada-United States Free Trade Agreement." Canadian Journal of Economics, 34(3), August 2001, 677-696.

"The Impact of Transfer Pricing on Intrafirm Trade." in James R. Hines, Jr., ed. International Taxation and Multinational Activity. 2001. Chicago: U of Chicago Press. 173-94.

"Customs Unions and Free Trade Areas." Journal of Economic Integration, 15(3), September 2000, 418-435.

"Does Multinational Activity Displace Trade?" Economic Inquiry, 38(2), April 2000, 190-205.

"Tax Reform and Realizations of Capital Gains in 1986." (with Leonard Burman and John O'Hare) National Tax Journal, 47(1), March 1994, 1-18.

Selected Policy Briefs and Public Commentary

The Tax Cuts and Jobs Act was Wrongheaded from Day 1.” Los Angeles Times. 22 October 2020.

Taxing the Rich”. Econofact. Updated 28 October 2020. (First version, 2019.) 

Business Tax Principles for the Time of Coronavirus.” Center for American Progress. 15 May 2020.

Global Medical Trade in the Time of the Coronavirus Pandemic.” Washington Center for Equitable Growth. 6 May 2020.

‘America First’ in the Time of COVID19.” The Hill. 14 March 2020.

Options for International Tax Policy After TCJA.” Center for American Progress. January 2020.

International Trade Policy that Works for U.S. Workers.” 2020. In Vision 2020: Evidence for a Stronger Economy. Washington, DC: Washington Center for Equitable Growth. 54-62.

The Progressive Case Against Protectionism.” Foreign Affairs. November/December 2019.

Five Reasons Democrats Should be the Party of Free Trade.” The Hill. 31 July 2019.

Whatever Trump Gave You in Tax Cuts He is Taking Away with His Trade Policy.” (with Edward Kleinbard). Los Angeles Times. 5 June 2019. 

Building a Better Globalization.” Harvard Business Review. 13 May 2019.

 “Fixing Our ‘America Last’ Tax Policy”. The Hill. 11 April 2019.

 “Policy Implications from Rising Economic Inequality.” (with Hilary Hoynes). Econofact. 14 November 2018.

Trump’s Tax Cut is Turning 1, and it’s Not a Happy Birthday.The Hill. 22 October 2018.

How will the Tax Cuts and Jobs Act Impact American Workers?Econofact. 29 May 2018.

“The GOP’s Final Tax Bill has Four Fatal Flaws.” The Hill. 18 December 2017.

“Who Gains From the Tax Plan? Economists Face Off.”  (Column featured as debate versus Douglas Holtz-Eakin.) New York Times. 1 December 2017.

“Economist Takes Deep Dive Into the Effects of Slashing Corporate Taxes.” National Public Radio. 17 November 2017.

Equitable Growth: In Conversation with Kimberly Clausing.” 18 October 2017.

Testimony before the Senate Committee on Finance. 3 October 2017.

Testimony Before House Ways and Means Committee. 23 May 2017.

"Labor and Capital in the Global Economy." Democracy: A Journal of Ideas. 2017.

"The Real (and Imagined) Problems with the U.S. Corporate Tax Code." Harvard Business Review. 5 December 2016.

"Strengthening the Indispensable U.S. Corporate Tax." Washington Center for Equitable Growth. September 2016.

"Profit Shifting and U.S. Corporate Tax Policy Reform." Washington Center for Equitable Growth. May 2016.

"3 Myths About Inversions and U.S. Corporate Taxes." Fortune. 30 January 2016.

"Corporate Inversions." Urban Institute/Brookings Institution Tax Policy Center. August 2014.

"A Challenging Time for International Tax Policy." Tax Notes. July 16, 2012. 281-283.

"The American Jobs Creation Act of 2004: Creating Jobs for Accountants and Lawyers." Urban Institute/Brookings Institution Tax Policy Center. Tax Policy Issues and Options. Brief No. 8. December 2004.