Taxation, Bank Leverage, and Financial Crises /
That most corporate tax systems favor debt over equity finance is now widely recognized as, potentially, amplifying risks to financial stability. This paper makes a first attempt to explore, empirically, the link between this tax bias and the probability of financial crisis. It finds that greater ta...
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| Weitere Verfasser: | , |
| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2013.
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| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2013/048 |
| Online Zugang: | Full text available on IMF |