International financial flows and transactions-taxes : survey and options /

Tobin has suggested that exchange rate volatility be controlled through a tax on international financial transactions. This analysis shows that the Tobin tax as a pure transaction tax is not viable. The tax would impair financial operations and create international liquidity problems. It is also unl...

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Bibliographic Details
Main Author: Spahn, P. Bernd (Paul Bernd), 1939- (Author)
Format: Book
Language:English
Published: Washington, D.C. : International Monetary Fund, ©1995
Washington, D.C. : 1995
Series:IMF Working Papers ; Working Paper No. 95/60
IMF eLibrary
IMF working paper ; 95/60
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