Special Issue Call for Papers: Taxes and Government Lending

Scheduled ical Google outlook Open Call For Papers

CfP Deadline Date:
December 15, 2021

Organizer(s):
Journal of Corporate Finance

We are pleased to announce a Call for Papers for a Journal of Corporate Finance (JCF) special issue on Taxes and Government Lending.

Past years have seen an expansion in debates amongst all aspects of the economy over both the proper role of tax policy and the extension of credit (or guarantees of credit) by government. More recently, the aftermath of the COVID-19 pandemic has accelerated the scope of potential changes in both of these areas, with large changes to tax and lending policies being proposed and enacted. Looking forward, there exists a large amount of uncertainty over the future path of taxes, both at federal and state levels. Similarly, the growth in lending and credit guarantees has brought discussions over the future of such policies to the forefront of many policy debates.

The JCF is launching a special issue on taxes and government lending, guest edited by Scott R. Baker (Northwestern and NBER) and Constantine Yannelis (University of Chicago and NBER). We welcome papers on all aspects of this topic, including papers examining the topic from both empirical and theoretical perspectives. Moreover, we welcome short papers or survey papers that cover an aspect of this topic.

We seek to examine impacts of taxes and loan programs with an emphasis on federal programs. Papers may involve research including but not limited to:

  • Optimal levels of government intervention in credit markets.
  • The impacts of federal government backed mortgage or lending and credit guarantees to businesses.
  • Impact of taxes on firm capital structure and location decisions.
  • The effects of federal or state level taxes on corporate decision-making.
  • The impacts of state and federal taxes on asset prices.
  • Wealth taxation and asset prices.
  • Direct versus guaranteed government lending.
  • Impacts of recent extensions of government credit, such as the Paycheck Protection Program as part of the COVID-19 response.
  • Household responses to tax policies or loan guarantees.
  • Measuring welfare effects of government interventions in credit markets.
  • The interaction between taxes levied at different levels of government (eg. federal, state, and local) on firm and household borrowing.
  • Research on the effects of federal student loan programs.


Further Information:

Submissions will be due by December 15th, 2021 and papers will enter the review process as soon as they are received (i.e. the guest editors will not wait until the end of the submission window before starting the process). All papers will undergo a standard refereeing process. Depending on the time taken to revise and resubmit papers, we hope to publish the special issue in late 2022 or early 2023. No conference will be associated with the special issue.


Link CfP:
Special Issue Call for Papers: Taxes and Government Lending