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Curbing Corporate Debt Bias
Language: en
Pages: 20
Authors: Ruud A. de Mooij
Categories: Business & Economics
Type: BOOK - Published: 2017-01-30 - Publisher: International Monetary Fund

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Tax provisions favoring corporate debt over equity finance (“debt bias”) are widely recognized as a risk to financial stability. This paper explores whether
Curbing Corporate Debt Bias
Language: en
Pages: 20
Authors: Ruud A. de Mooij
Categories: Business & Economics
Type: BOOK - Published: 2017-02-10 - Publisher: International Monetary Fund

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Tax provisions favoring corporate debt over equity finance (“debt bias”) are widely recognized as a risk to financial stability. This paper explores whether
Debt Bias in Corporate Income Taxation and the Costs of Banking Crises
Language: en
Pages: 0
Authors: Sven Langedijk
Categories: Banks and banking
Type: BOOK - Published: 2015 - Publisher:

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Corporate income taxation (CIT) in most countries favors debt over equity financing, leading to over-indebtedness. This problem is particularly acute for the fi
Pouring Oil on Fire: Interest Deductibility and Corporate Debt
Language: en
Pages: 42
Authors: Pietro Dallari
Categories: Business & Economics
Type: BOOK - Published: 2018-12-07 - Publisher: International Monetary Fund

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This paper investigates the role of tax incentives towards debt finance in the buildup of leverage in the nonfinancial corporate (NFC) sector, using a large fir
Global Waves of Debt
Language: en
Pages: 403
Authors: M. Ayhan Kose
Categories: Business & Economics
Type: BOOK - Published: 2021-03-03 - Publisher: World Bank Publications

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The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many