The Impact of the Security Transaction Taxes on Stock Prices and Stock Liquidity; Evidence from the NYSE

Security Transaction taxes have been in place in many countries for many years now. Yet we do not fully know how these taxes effect prices, volumes, bid-ask spreads and volatility and in turn if they are good for the economy or not. This paper is an attempt to understand how security transaction tax...

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Bibliographic Details
Main Author: Agarwal, Vedika
Format: Others
Published: Scholarship @ Claremont 2013
Subjects:
Online Access:http://scholarship.claremont.edu/cmc_theses/651
http://scholarship.claremont.edu/cgi/viewcontent.cgi?article=1608&context=cmc_theses