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A Reconnaissance of Alternative Measures of Effective Property Tax Rates

✍ Scribed by Michael E. Bell; Charlotte Kirschner


Book ID
109164864
Publisher
John Wiley and Sons
Year
2009
Tongue
English
Weight
154 KB
Volume
29
Category
Article
ISSN
0275-1100

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## Abstract We argue that a transaction tax is likely to amplify, not dampen, volatility in foreign exchange markets. Our argument stems from the decentralized trading practice and the presumable discrepancy between β€˜informed’ and β€˜uninformed’ traders' valuations. Given that the informed valuations