The effectiveness of Keynes-Tobin transaction taxes when heterogeneous agents can trade in different markets: a behavioral finance approach
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Publication:956504
DOI10.1016/J.JEDC.2004.12.004zbMATH Open1198.91162OpenAlexW2042218816WikidataQ56067364 ScholiaQ56067364MaRDI QIDQ956504FDOQ956504
Authors: Roberto Dieci, Frank Westerhoff 
Publication date: 25 November 2008
Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.jedc.2004.12.004
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Auctions, bargaining, bidding and selling, and other market models (91B26) Economic dynamics (91B55) Actuarial science and mathematical finance (91G99) Heterogeneous agent models (91B69)
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Cited In (33)
- Optimal monetary policy in a New Keynesian model with animal spirits and financial markets
- Econometric analysis of microscopic simulation models
- Contagion between asset markets: a two market heterogeneous agents model with destabilising spillover effects
- Speculation and Tobin taxes: Why sand in the wheels can increase economic efficiency
- Are transaction taxes a cause of financial instability?
- Dynamics of a durable commodity market involving trade at disequilibrium
- Heterogeneous speculators and asset price dynamics: Further results from a one-dimensional discontinuous piecewise-linear map
- Speculative asset price dynamics and wealth taxes
- Do stylised facts of order book markets need strategic behaviour?
- Heterogeneous beliefs and adaptive behaviour in a continuous-time asset price model
- Speculative behavior and the dynamics of interacting stock markets
- Speculative behavior and chaotic asset price dynamics: on the emergence of a bandcount accretion bifurcation structure
- Heterogeneous agents in multi-markets: a coupled map lattices approach
- Macroeconomic effects of an equity transaction tax in a general-equilibrium model
- The impact of a financial transaction tax on stylized facts of price returns -- evidence from the lab
- Tobin tax and market depth
- Behavioral heterogeneity in the option market
- A laboratory experiment on the heuristic switching model
- Interactions between stock, bond and housing markets
- Prices, debt and market structure in an agent-based model of the financial market
- An evolutionary CAPM under heterogeneous beliefs
- Behavioral heterogeneity and financial crisis: the role of sentiment
- Effects of securities transaction taxes on depth and bid-ask spread
- Power-law behaviour, heterogeneity, and trend chasing
- On the inherent instability of international financial markets: natural nonlinear interactions between stock and foreign exchange markets
- Heterogeneous speculators, endogenous fluctuations and interacting markets: a model of stock prices and exchange rates
- Cross-section instability in financial markets: impatience, extrapolation, and switching
- Heterogeneous fundamentalists and market maker inventories
- Speculative and hedging interaction model in oil and U.S. dollar markets -- phase transition
- Exchange rate dynamics in a target zone-A heterogeneous expectations approach
- The emergence of bull and bear dynamics in a nonlinear model of interacting markets
- Some reflections on past and future of nonlinear dynamics in economics and finance
- Steady states, stability and bifurcations in multi-asset market models
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