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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Mooij, Ruud A.
Rannpháirtithe: Keen, Michael, Orihara, Masanori
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2013.
Sraith:IMF Working Papers; Working Paper ; No. 2013/048
Rochtain ar líne:Full text available on IMF