Séminaires de Recherche

Finance

Intervenant : Matthieu Bouvard
Desautels Faculty of Management

14 juin 2018 - De 14h00 à 15h15


Finance

Intervenant : Mikhail Simutin
Rotman School of Management

7 juin 2018 - De 14h00 à 15h15


Finance

Intervenant : Liyan Yang
Rotman School of Management

31 mai 2018 - De 14h00 à 15h15


Finance

Intervenant : Anton Lines
Columbia Business School

24 mai 2018 - De 14h00 à 15h15


Finance

Intervenant : Ian Martin
LSE

17 mai 2018 - De 14h00 à 15h15


Finance

Intervenant : Mikhail Chernov
UCLA Anderson School of Management

3 mai 2018 - De 14h00 à 15h15


Finance

Intervenant : Adrien Matray
Princeton University

12 avril 2018 - De 14h00 à 15h15


Finance

Intervenant : Paige Ouimet
UNC Kenan–Flagler Business School

5 avril 2018 - De 14h00 à 15h15


Taxing Bank Leverage: The Effects on Bank Capital Structure, Credit Supply and Risk-Taking

Finance

Intervenant : Steven Ongena
Universität Zürich

29 mars 2018 - De 14h00 à 15h15

Télécharger

We investigate whether taxation can be used to contain bank leverage, while leaving
the supply of credit unaffected. We exploit the staggered introduction between
1996 and 2012 across Europe of tax reforms that increase the fiscal cost of leverage.
Employing both bank- and loan-level data, we estimate the impact of the reforms
on the leverage of banks and their supply of credit. We find that tax reforms
that increase the cost of leverage lead banks to rely more on equity, to shift the
composition of their assets towards loans, and to expand their lending to firms
without incurring more risk.

Finance

Intervenant : Haoxiang Zhu
MIT Sloan School of Management

22 mars 2018 - De 14h00 à 15h15



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