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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Luca, Oana
Awduron Eraill: Tieman, Alexander
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2016.
Cyfres:IMF Working Papers; Working Paper ; No. 2016/217
Mynediad Ar-lein:Full text available on IMF