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The Keynesian Root of the Tobin tax

Anna M. Variato ()
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Anna M. Variato: Department of Economics, University of Bergamo

No 305, Working Papers (-2012) from University of Bergamo, Department of Economics

Abstract: This paper is an attempt to evaluate the strength of the link between the Tobin tax and the so-called Keynes tax, i.e. a tax on security transactions suggested by Keynes in Chapter 12 of the General Theory. Starting from a literal comparison of the two projects, this work analyses the possibility of a common methodological background. It supports the idea that the two measures share similar fundamental targets, despite displaying technical diversity.

Keywords: Tobin tax; Keynes tax; security transaction taxes (search for similar items in EconPapers)
JEL-codes: B31 E62 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2003-02
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