Browsing Norges Handelshøyskole by Author "Ladley, Dan"
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Costs and benefits of financial regulation: Short-selling bans and transaction taxes
Lensberg, Terje; Schenk-Hoppe, Klaus Reiner; Ladley, Dan (Journal article; Peer reviewed, 2015)We quantify the effects of financial regulation in an equilibrium model with delegated portfolio manage- ment. Fund managers trade stocks and bonds in an order-driven market, subject to transaction taxes and constraints ...