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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP8391 |
DP8391 Inequality, Tax Avoidance, and Financial Instability | |
Augustin Landier; Guillaume Plantin | |
发表日期 | 2011-05-31 |
出版年 | 2011 |
语种 | 英语 |
摘要 | We model the link between inequality and excessive risk taking. In the presence of increasing returns to tax avoidance, the middle class is willing to take non rewarded financial risk despite risk aversion. Electoral pressure may lead an incumbent politician to endorse this excessive risk taking if the right tail of wealth distribution is sufficiently fat. By increasing the scope for tax avoidance, globalization of capital and human capital markets might have increased financial fragility. |
主题 | Financial Economics |
关键词 | Tax avoidance Financial instability |
URL | https://cepr.org/publications/dp8391 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537239 |
推荐引用方式 GB/T 7714 | Augustin Landier,Guillaume Plantin. DP8391 Inequality, Tax Avoidance, and Financial Instability. 2011. |
条目包含的文件 | 条目无相关文件。 |
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