Some simple analytics of the taxation of Banks as corporations effect on loans and systemic risk, deposits and borrowing Timothy J. Goodspeed
By: Goodspeed, Timothy J
.
Material type: 
ArticlePublisher: 2017Subject(s): BANCOS | IMPUESTOS | SERVICIOS FINANCIEROS | MODELOS ECONOMETRICOS | RIESGO
In:
National tax journal v. 70, n. 3, September 2017, p. 643-672Summary: I develop a simple model of banks that includes financial regulations and systemic risk. It is utilized to examine the effects of five possible taxes (on bank loans, deposits, liabilities, equity, and profits), and I discuss extensions to consider depositor access to international capital markets and tax avoidance by multinational banks.The model emphasizes systemic risk in a bank.s loan choice. An externality arisesbecause a bank.s loan decisions affect theeconomy-wide probability of loan success.The bank takes account of the effectof its loan decisions on itself but ignores the effects on other banks in the system.
| Item type | Current location | Home library | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
| IEF | OP 233/2017/3-5 (Browse shelf) | Available | OP 233/2017/3-5 |
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I develop a simple model of banks that includes financial regulations and systemic risk. It is utilized to examine the effects of five possible taxes (on bank loans, deposits, liabilities, equity, and profits), and I discuss extensions to consider depositor access to international capital markets and tax avoidance by multinational banks.The model emphasizes systemic risk in a bank.s loan choice. An externality arisesbecause a bank.s loan decisions affect theeconomy-wide probability of loan success.The bank takes account of the effectof its loan decisions on itself but ignores the effects on other banks in the system.
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