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Seminario CEDE
Fecha: 10 de Diciembre de 2019
Hora: 12:30 - 13:45


Coautor: Bruno Biais (HEC Paris)

Financial Transactions Taxes (FTT) are usually aimed at correcting market externalities or destabilizing speculation by irrational investors. We show that they may have a positive impact on social welfare even in the absence of these frictions. In a simple neo- classical model, we show that an appropriately designed FTT can allow the government to rebalance its tax system and decrease highly distortive taxes on labor and capital.


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