 | Rogue Waves: Climate Change and Firm Performance Author/Editor: Serhan Cevik, Fedor Miryugin. Release Date:May, 2022 Climate change is an existential threat to the global economy and financial markets. There is a large body of literature documenting potential macroeconomic consequences of climate change, but more...
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 | Leverage Shocks: Firm-Level Evidence on Debt Overhang and Investment Author/Editor: Serhan Cevik, Fedor Miryugin. Release Date:December, 2020 The global economy is in the midst of an unprecedented slump caused by the coronavirus pandemic. This systemic risk like no other at a time of record-breaking debt levels, especially among more...
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 | Pandemics and Firms: Drawing Lessons from History Author/Editor: Serhan Cevik, Fedor Miryugin. Release Date:December, 2020 The global economy is in the midst of an unprecedented slump caused by the COVID-19 pandemic. To assess the likely evolution of nonfinancial corporate performance going forward, this paper more...
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 | Productivity and Tax Evasion Author/Editor: Era Dabla-Norris, Mark Gradstein, Fedor Miryugin, Florian Misch. Release Date:November, 2019 The extent of tax compliance has important implications for revenue yield, efficiency and the fairness of any tax system. Tax evasion undermines revenue collection, distorts competition, and more...
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 | Instruments of Debtstruction: A New Database of Interwar Debt Author/Editor: Nicolas End, Marina Marinkov, Fedor Miryugin. Release Date:October, 2019 We construct a new, comprehensive instrument-level database of sovereign debt for 18 advanced and emerging countries over the period 1913–46. The database contains data on amounts outstanding for more...
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 | Pouring Oil on Fire: Interest Deductibility and Corporate Debt Author/Editor: Pietro Dallari, Nicolas End, Fedor Miryugin, Alexander F Tieman, Reza Yousefi. Release Date:December, 2018 This paper investigates the role of tax incentives towards debt finance in the buildup of leverage in the nonfinancial corporate (NFC) sector, using a large firm-level dataset. We find that so-called more...
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 | Does Taxation Stifle Corporate Investment? Firm-Level Evidence from ASEAN Countries Author/Editor: Serhan Cevik, Fedor Miryugin. Release Date:March, 2018 This paper conducts a firm-level analysis of the effect of taxation on corporate investment
patterns in member states of the Association of Southeast Asian Nations (ASEAN). Using
more...
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