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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Xehetasun bibliografikoak
Egile nagusia: Mooij, Ruud A.
Beste egile batzuk: Keen, Michael, Orihara, Masanori
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2013.
Saila:IMF Working Papers; Working Paper ; No. 2013/048
Sarrera elektronikoa:Full text available on IMF