Tax Policy, Leverage and Macroeconomic Stability.
Risks to macroeconomic stability posed by excessive private leverage are significantly amplified by tax distortions. 'Debt bias' (tax provisions favoring finance by debt rather than equity) has increased leverage in both the household and corporate sectors, and is now widely recognized as...
מחבר תאגידי: | |
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פורמט: | כתב-עת |
שפה: | English |
יצא לאור: |
Washington, D.C. :
International Monetary Fund,
2016.
|
סדרה: | Policy Papers; Policy Paper ;
No. 2016/070 |
גישה מקוונת: | Full text available on IMF |