𝔖 Bobbio Scriptorium
✦   LIBER   ✦

A transaction level study of the effects of central bank intervention on exchange rates

✍ Scribed by Richard Payne; Paolo Vitale


Book ID
117140207
Publisher
Elsevier Science
Year
2003
Tongue
English
Weight
172 KB
Volume
61
Category
Article
ISSN
0022-1996

No coin nor oath required. For personal study only.


πŸ“œ SIMILAR VOLUMES


The effect of a transaction tax on excha
✍ Markku Lanne; Timo Vesala πŸ“‚ Article πŸ“… 2009 πŸ› John Wiley and Sons 🌐 English βš– 139 KB πŸ‘ 1 views

## 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