Debt, Taxes, and Banks /

Understanding the impact of the asymmetric tax treatment of debt and equity on the capital structures of financial institutions is critical to shaping and assessing responses to the problem of excessive leverage that underlay the 2009 financial crisis - but there is no empirical evidence to draw on....

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Detalhes bibliográficos
Autor principal: Keen, Michael
Outros Autores: Mooij, Ruud A.
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2012.
coleção:IMF Working Papers; Working Paper ; No. 2012/048
Acesso em linha:Full text available on IMF