Citation
P. Arestis et M. Sawyer, HOW MANY CHEERS FOR THE TOBIN TRANSACTIONS TAX, Cambridge journal of economics, 21(6), 1997, pp. 753-768
Citations number
35
Categorie Soggetti
Economics
Journal title
ISSN journal
0309166X
Volume
21
Issue
6
Year of publication
1997
Pages
753 - 768
Database
ISI
SICI code
0309-166X(1997)21:6<753:HMCFTT>2.0.ZU;2-O
Abstract
This paper seeks to evaluate the strength of the case fbr a financial
transactions tax, judged against the three rationales which have been
proposed for such a tax: the excessive volume of short-term foreign ex
change transactions and their effects on exchange rate volatility; the
revenue-raising potential of the tax; and the possible enhancement of
the autonomy of national economic policy to which it might lead.