Similar Search Results

Micro markets : a market structure approach to microeconomic analysis

Schwartz, Robert A. - 2010 - Online-Ausg.

bookssimply address microeconomics in its pure theory-based form.Micro Markets helps bridge the gap between theory andpractice by … powerpointsA companion Workbook, with practice problems andsolutions, is also available By taking microeconomic theory and making … it applicable totoday's marketplace, Micro Markets builds a much-neededbridge between theory and practice. …

Persistent link: https://www.econbiz.de/10012683405

Financial transaction taxes and the informational efficiency of financial markets: a structural estimation

Cipriani, Marco; Guarino, Antonio; Uthemann, Andreas - 2021

We develop a new methodology to estimate the impact of a financial transaction tax (FTT) on financial market outcomes. In our sequential trading model, there are price-elastic noise and informed traders. We estimate the model through maximum likelihood for a sample of sixty New York Stock...

Persistent link: https://www.econbiz.de/10012695634

Financial transaction taxes and the informational efficiency of financial markets : a structural estimation

Cipriani, Marco; Guarino, Antonio; Uthemann, Andreas - 2019

We develop a new methodology to estimate the impact of a financial transaction tax (FTT) on informational efficiency, liquidity and volatility. In our sequential trading model there are price elastic noise traders and traders with private information of heterogeneous quality. We estimate the...

Persistent link: https://www.econbiz.de/10011966499