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Capital / Finance / Cost of capital / Financial crisis / Bankruptcy costs of debt / Leverage / Tax shield / Tax / Capital structure / Economics / Corporate finance / Microeconomics


Corporate Taxes, Leverage, and Business Cycles ∗ Brent Glover† Joao F. Gomes‡ Amir Yaron§ July 2011
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Document Date: 2015-06-01 17:08:42


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Country

United States / /

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Facility

Carnegie Mellon University / University of Pennsylvania / /

IndustryTerm

corporate finance / equity finance / finance / tax distortion favoring debt finance / external finance / /

Organization

CEPR / Carnegie Mellon University / London Business School / Wharton School / International Monetary Fund / University of Pennsylvania / NBER / Tepper School of Business / /

Person

Brent Glover† Joao / Arthur Korteweg / Chester Spatt / Joao F. Gomes‡ Amir Yaron / /

Position

representative / detailed model of corporate investment / representative household/investor/worker / /

ProvinceOrState

Pennsylvania / /

Technology

simulation / /

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