(Enter summary)
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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Market integration and investment barriers in emerging equit.. (context) - Geert - 1995
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The Microstructure Approach to Exchange Rates
- Richard - 2001
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The trades of market makers: An empirical analysis of NYSE s.. (context) - Joel, Sofianos - 1993
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Transaction taxes and the behavior of the Swedish stock mark.. (context) - Steven - 1993
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Two cases for sand in the wheels of international finance (context) - Ban'y, James et al. - 1995
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Securities transaction taxes: What about international exper.. (context) - John, Kenneth et al. - 1995
[Article contains additional citations not shown here]
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