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Securities Transaction Taxes And Financial Markets (2000)  (Make Corrections)  (1 citation)
Karl Habermeier, Andrei A. Kirilenko



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Abstract: This paper argues that that transaction taxes can have negative effects on price discovery, volatility, and market liquidity in securities markets. These effects can lead to a reduction in market efficiency and may contribute to increased asset price volatility (Update)

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BibTeX entry:   (Update)

Habermeier, K., and A. Kirilenko, 2000, Securities transaction taxes and financial markets, typescript, International Monetary Fund, June. http://citeseer.ist.psu.edu/habermeier00securities.html   More

@misc{ habermeier00securities,
  author = "K. Habermeier",
  title = "Securities transaction taxes and financial markets",
  text = "Habermeier, K., and A. Kirilenko, 2000, Securities transaction taxes and
    financial markets, typescript, International Monetary Fund, June.",
  year = "2000",
  url = "citeseer.ist.psu.edu/habermeier00securities.html" }
Citations (may not include all citations):
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13   Option replication in discrete time with transaction costs (context) - Phelim, Ton - 1992
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4   Option volume and stock prices: Evidence on where informed t.. (context) - David, O'Hara et al. - 1998
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4   The trades of market makers: An empirical analysis of NYSE s.. (context) - Joel, Sofianos - 1993
3   Transaction taxes and the behavior of the Swedish stock mark.. (context) - Steven - 1993
3   Two cases for sand in the wheels of international finance (context) - Ban'y, James et al. - 1995
2   Securities transaction taxes: What about international exper.. (context) - John, Kenneth et al. - 1995

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