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Professor Alexander Ljungqvist's research on the connection between corporate taxes and risk is featured

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Excerpt from The Atlantic -- "As a new National Bureau of Economic Research paper documents, tweaking taxes can also play a role in determining the degree of risk companies are willing to take on. The paper’s authors, Alexander Ljungqvist of New York University, Liandong Zhang of City University of Hong Kong, and Luo Zuo of Cornell, took a look at the impact that fluctuations in state taxes had on a company’s earnings, using increased earnings volatility as a signal of having taken on more risk."

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