One fundamental and two taxes: When does a Tobin tax reduce financial price volatility?

We aim to make two contributions to the literature on the effects of transaction costs on financial price volatility. First, by augmenting a double differencing approach with a research design with three ingredients (a common set of companies simultaneously listed on two stock exchanges, binding cap...

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Bibliographic Details
Main Authors: Deng, Y. (Author), Liu, X. (Author), Wei, S.-J (Author)
Format: Article
Language:English
Published: Elsevier B.V. 2018
Subjects:
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