PlumX Metrics
SSRN
Embed PlumX Metrics

Financial Transactions Tax: Panacea, Threat, or Damp Squib?

World Bank Policy Research Working Paper No. 5230
2010
  • 0
    Citations
  • 1,763
    Usage
  • 0
    Captures
  • 0
    Mentions
  • 0
    Social Media
Metric Options:   Counts1 Year3 Year

Metrics Details

  • Usage
    1,763
    • Abstract Views
      1,556
    • Downloads
      207
  • Ratings
    • Download Rank
      294,360

Paper Description

Attempts to raise a significant percentage of gross domestic product in revenue from a broad-based financial transactions tax are likely to fail both by raising much less revenue than expected and by generating far-reaching changes in economic behavior. Although the side-effects would include a sizable restructuring of financial sector activity, this would not occur in ways corrective of the particular forms of financial overtrading that were most conspicuous in contributing to the crisis.

Bibliographic Details

Patrick Honohan; Sean K. Yoder

Debt Markets; Emerging Markets; Taxation & Subsidies; Banks & Banking Reform; Economic Theory & Research

Provide Feedback

Have ideas for a new metric? Would you like to see something else here?Let us know