Systemically important banks are subject to at least two departures from the neutrality of debt versus equity financing … underlying mechanisms differ. The tax shield incentivises debt financing as it reduces tax payments to the government. The … implicit funding subsidy incentivises debt financing as it lowers private bankruptcy costs. This funding subsidy is passed on …

paper, we utilize Consumption Dominance curve techniques to analyse the impact of marginal indirect tax changes on poverty … marginal tax changes which will reduce poverty for some selected commodities over a broad class of poverty measures and poverty …

of the distribution. Analysis of the incidence of low birthweight and short birthlength using measures from the poverty …