Pouring Oil on Fire : Interest Deductibility and Corporate Debt /

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 firm-level dataset. We find that so-called debt bias is a significant driver of leverage, for both small and medium-sized enterprises and large...

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Bibliographic Details
Main Author: Dallari, Pietro
Other Authors: End, Nicolas
Format: Book
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018
[Place of publication not identified] : 2018
Series:IMF Working Papers; Working Paper ; No. 2018/257
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Internet

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Duke University

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Call Number: ISIL:US-NCD