Alfaro, Laura; Faia, Ester; Judson, Ruth A.; … - 2020
dollar-denominated securities are increasingly inter-mediated by tax havens financial centers (THFC) and by less regulated … funds. These securities are risky and respond to tax rates and prudential regulations, suggesting tax avoidance and … sector and increased with quantitative easing policies. Facts on the privately held securities are rationalized through a …