How Many Cheers for the Tobin Transactions Tax?
This paper seeks to evaluate the strength of the case for a financial transactions tax, judged against the three rationales which have been proposed for such a tax: the excessive volume of short-term foreign exchange 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. Copyright 1997 by Oxford University Press.
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Volume (Year): 21 (1997)
Issue (Month): 6 (November)
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