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The impact of a financial transaction tax on stylized facts of price returns—Evidence from the lab

As the introduction of financial transaction taxes is increasingly discussed by political leaders we explore possible consequences such taxes could have on markets. Here we examine how “stylized facts”, namely fat tails and volatility clustering, are affected by different tax regimes in laboratory e...

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Autors principals: Huber, Jürgen, Kleinlercher, Daniel, Kirchler, Michael
Format: Artigo
Idioma:Inglês
Publicat: North-Holland Pub. Co 2012
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Accés en línia:https://ncbi.nlm.nih.gov/pmc/articles/PMC3617725/
https://ncbi.nlm.nih.gov/pubmed/23565012
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1016/j.jedc.2012.03.011
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