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Should short-term speculators be taxed, or subsidised?

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Publication:665546
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DOI10.1007/s10436-004-0009-0zbMath1233.91343OpenAlexW2094547710MaRDI QIDQ665546

Alexander Guembel

Publication date: 5 March 2012

Published in: Annals of Finance (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10436-004-0009-0


zbMATH Keywords

welfareliquidityshort-termisminvestment efficiencysecurities transaction tax


Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Derivative securities (option pricing, hedging, etc.) (91G20) Actuarial science and mathematical finance (91G99) Welfare economics (91B15)


Related Items

Stock markets fragmentation, volatility and final investors



Cites Work

  • Continuous Auctions and Insider Trading
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