Mannaro, Katiuscia; Marchesi, Michele; Setzu, Alessio - In: Journal of Economic Behavior & Organization 67 (2008) 2, pp. 445-462
The Tobin tax is a solution proposed by many economists for limiting the speculation in foreign exchange and stock markets and for making these markets stabler. In this paper we present a study on the effects of a transaction tax on one and on two related markets, using an artificial financial...