JEL Classification: G28

This paper analyzes the feasibility of an international tax on currency transaction, also known as "Tobin Tax", from an economic and juridical point of view. The claim that such a tax would curb short term speculators, thus stabilizing the foreign...

This paper analyzes the feasibility of an international tax on currency transaction, also known as "Tobin Tax", from an economic and juridical point of view. The claim that such a tax would curb short term speculators, thus stabilizing the foreign...

Using a unique set of publicly-traded litigation certificates, we measure the wealth effects of (largely) unanticipated damage awards in the ongoing supervisory goodwill litigation between thrifts and the federal government. Estimating abnormal returns for portfolios of litigation certificates and retained...