The Keynesian Root of the Tobin tax
AbstractThis paper is an attempt to evaluate the strength of the link between the Tobin tax and the so-called Keynes tax, i.e. a tax on security transactions suggested by Keynes in Chapter 12 of the General Theory. Starting from a literal comparison of the two projects, this work analyses the possibility of a common methodological background. It supports the idea that the two measures share similar fundamental targets, despite displaying technical diversity.
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Bibliographic InfoPaper provided by University of Bergamo, Department of Economics in its series Working Papers with number 0305.
Length: 22 pages
Date of creation: Feb 2003
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More information through EDIRC
Tobin tax; Keynes tax; security transaction taxes;
Find related papers by JEL classification:
- B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
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506, Cowles Foundation for Research in Economics, Yale University.
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