Essays about: "securities transaction tax"

Found 2 essays containing the words securities transaction tax.

1. 1. Security Transaction Taxes and Long-Term Volatility

   University essay from Stockholms universitet/Institutionen för ekonomisk historia och internationella relationer

   Author : Guillem Ventura I Gabarró; [2021]
   Keywords : Securities tax; financial transaction tax; volatility; financial market; Tobin tax;

   Abstract : The impact of Security Transaction Taxes (STTs) on the financial market has been studied by authors for decades, showing mixed results between positive, negative, or insignificant relations between STTs and financial volatility. This thesis adds a new approach to previous studies by taking an innovative long-term approach to the topic, analysing the effect of both the New York State STT (1905 – 1981) and the United States STT (1914 – 1966) on volatility in the New York Stock Exchange (NYSE) and NASDAQ as measured by the S&P500 Index. READ MORE

3. 2. A Blueprint for Europe? - Investigating a Financial Transaction Tax on the French Market

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Markus Lithell; Johan Ljungkvist; [2013]
   Keywords : financial transaction tax; securities transaction tax; high-frequency trading tax;

   Abstract : This paper investigates the market consequences of financial transaction tax (FTT) implementation. We use data on volume and volatility for securities subject to a recent French FTT, as well as comparable European securities that were not. We find that the FTT has a significant negative effect on both volume and volatility. READ MORE