Publication
Aug 2013
This paper investigates the effects of a Financial Transaction Tax (FTT) in an order-driven artificial financial market. The authors analyze the speculation limiting effects of FTTs and find largely positive effects of the FTT for small tax rates. Additionally, for large tax rates they conclude the effects not to be as negative as suggested by previous studies.
Download |
English (PDF, 44 pages, 941 KB) |
---|---|
Author | Daniel Fricke, Thomas Lux |
Series | Kiel Institute Working Papers |
Issue | 1868 |
Publisher | Kiel Institute for the World Economy |
Copyright | © 2013 Kiel Institute for the World Economy |