True True 1 1 1 10 True False False JANNICK DAMGAARD Load More Economic forecasting | September 2019 The Rise of Phantom Investments Empty corporate shells in tax havens undermine tax collection in advanced, emerging market, and developing economies JANNICK DAMGAARD THOMAS ELKJAER NIELS JOHANNESEN Macro-fiscal policy | June 2018 Piercing the Veil Some $12 trillion worldwide is just phantom corporate investment JANNICK DAMGAARD THOMAS ELKJAER THOMAS ELKJAER See Also Magazine Archives Country Focus Blogs