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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier B.V.
2018
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Subjects: | |
Online Access: | View Fulltext in Publisher |