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The No Loss Offset Provision and the Attitude Towards Risk of a Risk-Neutral Firm

Louis Eeckhoudt, Christian Gollier () and Harris Schlesinger

Working Papers from Toulouse - GREMAQ

Abstract: In this paper, we show how a differentiated tax treatment of corporate losses and corporate profits induces the firm to behave in a very specific risk-averse manner.

Keywords: ECONOMETRICS; RISK; TAXES (search for similar items in EconPapers)
JEL-codes: C10 C19 D80 D81 H25 (search for similar items in EconPapers)
Pages: 20 pages
Date: 1996
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Journal Article: The no-loss offset provision and the attitude towards risk of a risk-neutral firm (1997) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:fth:gremaq:96.409

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