This paper analyzes growth and welfare effects of income taxation in a stochastic endogenous growth model with …

examine three cases in which the tax regime interacted with these factors, reinforcing them. First, we focus on the taxation … 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 …

organizations to change the approach to the taxation of the financial sector in the light of the world financial crisis, the current … theoretical approaches to the definition and justification instruments (mechanisms) taxation of the financial sector, discussed in … financial crisis tools taxation of the financial sector, as well as some aspects of Russian assessment practice in the relevant …

We survey the literature on securitization and lay out a research program for its open questions. Securitization is the … markets. Securitization has grown from a small amount in 1990 to a pre-crisis issuance amount that makes it one of the largest … recent financial crisis. Nevertheless, despite the transformative effect of securitization on financial intermediation, the …

We survey the literature on securitization and lay out a research program for its open questions. Securitization is the … markets. Securitization has grown from a small amount in 1990 to a pre-crisis issuance amount that makes it one of the largest … of the recent financial crisis. Nevertheless, despite the transformative effect of securitization on financial …

. The paper explores the conflicts in the securitization framework and assesses the potential impact quantitative risk …

mortgages. Then, I analyze the process of securitization, as used in corporate finance to raise funding, and explain how these …

We study the effects of securitization on renegotiation of distressed residential mortgages over the current financial …-modification default rates by 9% (3.5% in absolute terms). Our findings support the view that frictions introduced by securitization create … ; household finance ; mortgages ; securitization …

.S.In highlighting the differences between shadow banking in the EU and the U.S., this paper focuses on the repo markets, securitization …

We study the effects of securitization on renegotiation of distressed residential mortgages over the current financial …-modification default rate by 9% (3.5% in absolute terms). Our findings support the view that frictions introduced by securitization create …