NDLI: Business Tax Policy under Default Risk

Content Provider	Scilit
Author	Comincioli, Nicola Vergalli, Sergio Panteghini, Paolo M.
Copyright Year	2019
Description	Journal: SSRN Electronic Journal In this article we use a stochastic model with one representative firm to study business tax policy under default risk. We will show that, for a given tax rate, the government has an incentive to reduce (increase) financial instability and default costs if its objective function is welfare (tax revenue).
Related Links	http://ageconsearch.umn.edu/record/291520/files/NDL2019-011.pdf https://papers.ssrn.com/sol3/Delivery.cfm?abstractid=3417592
ISSN	10914358
e-ISSN	15565068
DOI	10.2139/ssrn.3417592
Journal	SSRN Electronic Journal
Language	English
Publisher	Elsevier BV
Publisher Date	2019-07-10
Access Restriction	Open
Subject Keyword	Journal: SSRN Electronic Journal Capital Structure Default Risk Business Taxation and Welfare
Content Type	Text
Resource Type	Article
Subject	Public Health, Environmental and Occupational Health Psychiatry and Mental Health

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