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Tax Effects on the Real Exchange Rate

✍ Scribed by Stacie Beck; Cagay Coskuner

Book ID
111005848
Publisher
John Wiley and Sons
Year
2007
Tongue
English
Weight
94 KB
Volume
15
Category
Article
ISSN
0965-7576

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πŸ“œ SIMILAR VOLUMES

The effect of a transaction tax on excha
The effect of a transaction tax on exchange rate volatility
✍ 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