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 grea...

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Main Authors: Mooij, Ruud A. de (Author), Keen, Michael (Author), Orihara, Masanori (Author)
Format: Book
Language:English
Published: [Washington, D.C.] : International Monetary Fund, ©2013
Washington, D.C. : 2013
Series:IMF Working Papers ; Working Paper No. 13/48
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IMF working paper ; WP/13/48
IMF working paper WP/13/48
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Stanford University

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