IDEAS home Printed from https://ideas.repec.org/a/ecb/ecbrbu/201500223.html
   My bibliography  Save this article

The impact of financial transaction taxes: new evidence

Author

Listed:
  • Jean-Edouard Colliard
  • Peter Hoffmann

Abstract

The recent financial crisis has reignited interest in the long-standing idea of a financial transaction tax (FTT). While such a policy has become politically viable, the underlying economic rationales remain all but clear-cut. This article provides a brief review of the debate on FTTs and presents empirical evidence from a recent policy experiment in France. JEL Classification: G10, G14, G18, H32

Suggested Citation

  • Jean-Edouard Colliard & Peter Hoffmann, 2015. "The impact of financial transaction taxes: new evidence," Research Bulletin, European Central Bank, vol. 22, pages 17-20.
    • Handle: RePEc:ecb:ecbrbu:2015:0022:3
    as

    Download full text from publisher

    File URL: http://www.ecb.europa.eu/pub/pdf/other/researchbulletin22en.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    financial transaction tax; institutional trading; liquidity; high-frequency trading;
    All these keywords.

    JEL classification:

    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ecb:ecbrbu:2015:0022:3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Official Publications (email available below). General contact details of provider: https://edirc.repec.org/data/emieude.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.