markets and to reduce destabilizing capital flows. One variation is a tax on all foreign currency conversions, often termed a … “Tobin tax.” This paper suggests that these taxes would probably not produce the desired effects and would be difficult to …, without a broad international consensus and application, these taxes are likely to be easily avoided …

We investigate the positive and normative implications of a tax on financial market transactions in a dynamic general ….S. data and find an optimal tax rate of 2.5 percent. Imposing this tax reduces trading in financial markets by 30 percent. …

This paper attempts to address both theoretical and practical considerations for a tax such as financial transactions … financial markets is incomplete and imprecise, remains. However, globally, FTT remains a commonly used tax. A cross …

We develop a new methodology to estimate the impact of a financial transaction tax (FTT) on informational efficiency … information of heterogeneous quality. We estimate the model without a tax and then quantify the effect of an FTT. In our sample …

We develop a new methodology to estimate the impact of a financial transaction tax (FTT) on financial market outcomes …

, putting special focus on the introduction of such a tax on a world-wide scale. For a number of reasons, international …This study presents in detail the concept of a financial transaction tax (FTT) and the theoretical and empirical … correct various market failures. We analyse the benefits and challenges of introducing a tax on financial transactions …