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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Year of publication:	1997
Authors:	Arestis, Philip ; Sawyer, Malcolm
Published in:	Cambridge Journal of Economics. - Oxford University Press. - Vol. 21.1997, 6, p. 753-68
Publisher:	Oxford University Press

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005436488