Penny wise and pound foolish: capital gains tax and trading volume on the Zagreb Stock Exchange

Penny wise and pound foolish: capital gains tax and trading volume on the Zagreb Stock Exchange

This paper analyses the effects of a recently introduced capital gains tax on the trading volume on the Zagreb Stock Exchange. Using three different methodological approaches - event study methodology, regression discontinuity design and panel regressions - we offer evidence that the introduction of...

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Bibliographic Details
Main Authors:	Tomislav Globan, Tihana Skrinjaric
Format:	Article
Language:	English
Published:	Institute of Public Finance 2020-09-01
Series:	Public Sector Economics
Subjects:	capital gains tax; event study; regression discontinuity; stock market; trading volume
Online Access:	http://www.pse-journal.hr/upload/files/pse/2020/3/globan_skrinjaric.pdf

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