The recent financial crisis has highlighted the risks posed by individual banks to the entire banking system. Next to the issue of determining individual contributions to systemic risk, the question of additional taxes on the financial sector has been debated. This paper uses SYMBOL, a micro-simulation model of the banking system, to estimate these individual contributions and compares them to the potential individual tax liabilities of banks under the assumption of a Financial Activity Tax.JRC.G.1-Financial and Economic Analysi
Abstract. This paper analyses several options for the introduction of new taxes on the financial sec...
This Working Paper should not be reported as representing the views of the IMF. The views expressed ...
This paper assesses the impact that a widely-based Securities Transaction Tax (STT) could have on th...
The recent financial crisis has highlighted the risks posed by individual banks to the entire bankin...
The question of additional taxes on banking institutions has recently been debated. At the same time...
The question of additional taxes on banking institutions has recently been debated. At the same time...
The recent financial crisis has highlighted the risks posed by individual banks to the entire bankin...
A tax on the harmful elements of finance—a tax on systemic risk—would raise revenue and also lower t...
This paper analyses several options for the introduction of new taxes on the financial sector. It se...
This study investigates the effects on risk and financial stability of the taxes on bank liabilities...
We find evidence of tax-driven strategic allocation of debt and asset risk across group entities of ...
We advocate that systemic risk of the financial sector needs to be regulated, using a measure of an ...
The financial crisis has raised the question as to whether additional taxes on the financial sector ...
In this note, a new concept for a European deposit guarantee scheme is proposed, which takes account...
The purpose of this article is to provide an overview of the current and future issues related to ba...
Abstract. This paper analyses several options for the introduction of new taxes on the financial sec...
This Working Paper should not be reported as representing the views of the IMF. The views expressed ...
This paper assesses the impact that a widely-based Securities Transaction Tax (STT) could have on th...
The recent financial crisis has highlighted the risks posed by individual banks to the entire bankin...
The question of additional taxes on banking institutions has recently been debated. At the same time...
The question of additional taxes on banking institutions has recently been debated. At the same time...
The recent financial crisis has highlighted the risks posed by individual banks to the entire bankin...
A tax on the harmful elements of finance—a tax on systemic risk—would raise revenue and also lower t...
This paper analyses several options for the introduction of new taxes on the financial sector. It se...
This study investigates the effects on risk and financial stability of the taxes on bank liabilities...
We find evidence of tax-driven strategic allocation of debt and asset risk across group entities of ...
We advocate that systemic risk of the financial sector needs to be regulated, using a measure of an ...
The financial crisis has raised the question as to whether additional taxes on the financial sector ...
In this note, a new concept for a European deposit guarantee scheme is proposed, which takes account...
The purpose of this article is to provide an overview of the current and future issues related to ba...
Abstract. This paper analyses several options for the introduction of new taxes on the financial sec...
This Working Paper should not be reported as representing the views of the IMF. The views expressed ...
This paper assesses the impact that a widely-based Securities Transaction Tax (STT) could have on th...