Department of Economics and Management, University of Brescia, Italy
Biography
Francesco Menoncin, Department of Economics and Management, a transaction tax implemented by some EU members creates distortions inside the European market. Secondly, given the dramatic increase in over the counter transactions, Europe may suffer from capital outflows toward tax-free platforms. Thirdly, this transaction tax may have a negative effect on hedging activities. University of Brescia, Italy
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