The impact of financial transaction taxes: Evidence from Italy

被引:0
|
作者
Ruehl, Tobias R. [1 ]
Stein, Michael [1 ]
机构
[1] Univ Duisburg Essen, Duisburg, Germany
来源
ECONOMICS BULLETIN | 2014年 / 34卷 / 01期
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暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study gives first evidence on the consequences of the introduction of a transaction tax in Italian financial markets in 2013. We discuss the consequences of this tax on trading volume, volatility, and trading costs of FTSE MIB stocks The structure of the tax introduction gives us the opportunity to see the particular consequences of a market-wide tax on high-frequency trading behavior.
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页码:25 / 33
页数:9
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