The invention relates to a tool holder (1) for clamping tools by shrink fit. The tool holder, due to its specific shaping in the area of the shrink-fit head (6) and the shrink-fit base (5) of the tool holder, is less prone to oscillate than known tool holders, therefore allowing inter alia higher speeds so that the cutting capacity, determined by the speed of the tool, the tool feed and the cutting depth of the tool, can be increased and the machine running times required to produce a workpiece can be reduced. The tool holder (1) of the present invention allows to produce and machine workpieces in a substantially more efficient and economical manner.