The NWO (Dutch Research Council), in the Call for the Open Competition - Domain Social Sciences and Humanities (SSH) - has awarded an XS grant to Associate Professor Felix Ward of Erasmus School of Economics. Ward will receive a grant of up to 50,000 euro.
The awarded XS project is titled ‘Dangerous Bank Debt Bias’. The project explores whether the ability of banks to deduct interest payments on debt from their taxable income leads them to incur more debt and therefore imperil the economy’s financial stability. The project will develop a new long-term dataset to examine how the tax advantage of debt has evolved from its origins in the late 19th century to the present. The findings will reveal how tax systems have contributed to rising bank debt over the past 150 years and will offer key insights for policymakers to enhance the economy’s financial stability.
About the NWO Open Competition SSH-XS grants
In 2022, the NWO launched the NWO Open Competition SSH Call. This Call is allocated in three different types of grants, of which the XS grant is specifically intended to encourage curiosity-driven and bold research that involves the relatively rapid exploration of a promising idea (12 months maximum). The research projects must be ground-breaking and are high risk-high gain. Most important is that the result of each project contributes to the advancement of science.
About Felix Ward and his research
Felix Ward is an associate professor at the department of Economics, Erasmus School of Economics, and a Tinbergen Institute Research Fellow. He holds a PhD from the University of Bonn, Germany. Felix is an applied macroeconomist with research interests in international macroeconomics, monetary economics, and economic history.
- More information
For more information, please contact Ronald de Groot, Media & Public Relations Officer at Erasmus School of Economics: rdegroot@ese.eur.nl, +316 53 641 846.
