Optimal taxation in the presence of bailouts
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下载链接：
https://www.nber.org/papers/w15405
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资源简介：
The termination of a representative financial firm due to excessive leverage may lead to substantial bankruptcy costs. A government in the tradition of Ramsey (1927) may be inclined to provide transfers to the firm so as to prevent its liquidation and the associated deadweight costs. It is shown
提供机构：
美国国家经济研究局
创建时间：
2009-10-01
