Showing 1 - 10 of 10,431
lenders and v) the business cycle effects on the spread between the high-yield and the investment-grade interest rates on …
Persistent link: https://www.econbiz.de/10010347029
I present a rationale for a government to discriminate between debt and equity financing when taxing corporate income. For risk-averse entrepreneurs, equity generates more surplus than debt, because it provides financing and insurance. A government seeking to extract surplus from entrepreneurs...
Persistent link: https://www.econbiz.de/10011350162
Persistent link: https://www.econbiz.de/10003428616
Persistent link: https://www.econbiz.de/10009242611
Persistent link: https://www.econbiz.de/10008934241
Persistent link: https://www.econbiz.de/10003826629
Persistent link: https://www.econbiz.de/10001427863
Persistent link: https://www.econbiz.de/10001690186
Persistent link: https://www.econbiz.de/10000978064
Persistent link: https://www.econbiz.de/10001214032