Giraldo, Marcela; Buckles, Brian W. - In: Latin American Journal of Economics-formerly Cuadernos … 48 (2011) 1, pp. 65-88
Some countries in Latin America have introduced a tax on bank withdrawals in order to increase revenue. The debit tax has usually been levied in periods of economic turbulence. This paper analyzes the effects of such a tax on real cash holdings and on balances of different types of bank accounts...