Ceriani, Vieri; Manestra, Stefano; Ricotti, Giacomo; … - Banca d'Italia - 2011
This paper investigates the effects of the tax system on the economic factors that triggered the financial crisis. We … may have contributed to the financial crisis by creating some of the raw materials for the securitization industry. Second … securitization process, which played a key role in the outbreak of the financial crisis, was accompanied by opportunities for tax …