Taxation, bank leverage, and financial crises / Ruud de Mooij, Michael Keen, and Masanori Orihara.
"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 grea...
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Online Access: | Electronic book from EBSCO |
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Format: | eBook |
Language: | English |
Published: | [Washington, D.C.] : International Monetary Fund, Ã2013. |
Series: | IMF working paper ;
WP/13/48. |
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