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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Mooij, Ruud A.
Tác giả khác: Keen, Michael, Orihara, Masanori
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2013.
Loạt:IMF Working Papers; Working Paper ; No. 2013/048
Truy cập trực tuyến:Full text available on IMF