Hassan, Mahmud; Wedig, Gerard; Morrisey, Michael - In: International Journal of the Economics of Business 7 (2000) 1, pp. 47-62
In this paper, we study the effects of tax-exempt debt on the supply of charity care of non-profit hospitals. We hypothesize that hospitals using tax-exempt rather than taxable debt are forced to provide higher levels of charity care as a condition for gaining access to the tax-exempt market....