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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Mooij, Ruud A.
Muut tekijät: Keen, Michael, Orihara, Masanori
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2013.
Sarja:IMF Working Papers; Working Paper ; No. 2013/048
Linkit:Full text available on IMF