Narrow search
Showing 1 - 10 of 16,505
Cover Image
Corruption in tax and taxing the corruption
Pazhanisamy, R. - 2019
of corruption in the society all farms of corruptions has to be internalized by introducing a permit and tax for …
Persistent link: https://www.econbiz.de/10012119899
Cover Image
On the incidence of a financial transactions tax in a model with fire sales
Bierbrauer, Felix - 2012
banks, a financial transactions tax contributes to financial distress and undoes other policy measures that are used to …This paper studies the impact of a financial transactions tax on a financial market where financial institutions trade …. There are two main results: First, if all banks have enough liquidity so that they can honor their short-term obligations, a …
Persistent link: https://www.econbiz.de/10009571254
Cover Image
Do proprietary traders provide liquidity?
Bergman, Nittai K.; Kadan, Ohad; Michaely, Roni; … - 2020
Whether proprietary traders provide or take liquidity, and how their behavior evolves over the business cycle and across stocks, remains at the center of an ongoing debate. Using a unique dataset from the NYSE, we document that proprietary traders concentrate their trades in large and liquid...
Persistent link: https://www.econbiz.de/10012419705
Cover Image
On the Incidence of a Financial Transactions Tax in a Model with Fire Sales
Bierbrauer, Felix J. - 2012
banks, a financial transactions tax contributes to financial distress and undoes other policy measures that are used to …This paper studies the impact of a financial transactions tax on a financial market where financial institutions trade …. There are two main results: First, if all banks have enough liquidity so that they can honor their short-term obligations, a …
Persistent link: https://www.econbiz.de/10013104166
Cover Image
How can a Currency Transaction Tax Stabilize Foreign Exchange Markets?
Jetin, Bruno - 2021
-fixed exchange rates thanks to capital controls, James Tobin conceived his now famous “Tobin tax”. Since then, some supporters of his …) in particular has proposed a two-tier Currency Transaction Tax (hereafter CTT). The CTT could curb the usual speculation …
Persistent link: https://www.econbiz.de/10013229737
Cover Image
The effects of margin changes on commodity futures markets
Daskalaki, Charoula; Skiadopoulos, George - 2014 - This draft: 24 October 2014
In light of the recently passed 2010 Dodd-Frank Act, we assess the effect of margin changes on prices, the risk-sharing between speculators and hedgers, and the price stability of 20 commodity futures markets. We find that margin increases decrease the rate at which prices change, yet they...
Persistent link: https://www.econbiz.de/10010472794
Cover Image
Reducing systemic relevance : a proposal
Doluca, Hasan; Klüh, Ulrich; Wagner, Marco; Weder, Beatrice - 2010 - This version: 18 May 2010
. Systemic relevance should be internalized with a levy (or "tax"), the level of which (or "tax rate") rises with the systemic …
Persistent link: https://www.econbiz.de/10009751384
Cover Image
Bank deregulation, competition and economic growth : the US free banking experience
Ager, Philipp; Spargoli, Fabrizio - 2013
find that the introduction of free banking laws stimulated the creation of new banks and led to more bank failures. Our …
Persistent link: https://www.econbiz.de/10010227307
Cover Image
Financing as a supply chain : the capital structure of banks and borrowers
Gornall, Will; Strebulaev, Ilya A. - 2013
We develop a model of the joint capital structure decisions of banks and their borrowers. Strikingly high bank leverage … that highly levered financial intermediaries can offer the lowest interest rates. Low asset volatility enables banks to … borrowers, which can paradoxically lead to riskier banks. Doubling current capital requirements would reduce the default risk of …
Persistent link: https://www.econbiz.de/10010259793
Cover Image
Implications of Optimal Price Regulation in Sub-Prime Banking Markets
Thomas, Darron Anthony - 2010
of this paper is that when the efficient pricing hypothesis is imposed in the form of an average cost pricing rule, banks … will maximally differentiate their product. However, high quality-type banks benefit from increased market power, while low … quality-type banks could benefit from either increased market share, or increased market power …
Persistent link: https://www.econbiz.de/10013141057