Financial Sector Debt Bias /

Most tax systems create a tax bias toward debt finance. Such debt bias increases leverage and may negatively affect financial stability. This paper models and estimates debt bias in the financial sector, and present novel estimates for investment banks and non-bank financial intermediaries such as f...

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Détails bibliographiques
Auteur principal: Luca, Oana
Autres auteurs: Tieman, Alexander
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2016.
Collection:IMF Working Papers; Working Paper ; No. 2016/217
Accès en ligne:Full text available on IMF