After a steady increase following the global financial crisis, private nonfinancial sector leverage rose further during … empirical relationships between increased leverage, financial conditions, and macro-financial stability in a sample of major … advanced and emerging market economies. We find that loose financial conditions contribute to leverage buildups and generate an …

-border component of foreign direct investment (FDI). The extent of financial leverage through local debt is positively related to host … further the role of local debt reduce that of parent company debt, and through this substitution overall leverage increases …We use data on the sources of debt finance of U.S. majority-owned foreign affiliates in 53 countries over the period …

Is there a minimum tax to GDP ratio associated with a significant acceleration in the process of growth and development …? We give an empirical answer to this question by investigating the existence of a tipping point in tax-to-GDP levels. We …

-2014, compiled by the IMF. It finds that-consistent with the existing literature-corruption is negatively associated with overall tax … revenue, and most of its components. This relationship is predominantly influenced by the way corruption interacts with tax … compliance. The establishment of large taxpayer offices improves tax compliance by dampening the perception of corruption …

This paper examines the nature of gender bias in tax systems. Gender bias takes both explicit and implicit forms …. Explicit gender bias is found in many personal income tax systems. Several countries, especially those in Western Europe, have … target for reform of tax systems in recent years …

This paper discusses the implications for tax systems of globalization of capital markets and of economies. It shows … this area and on tax competition …