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Books > Business & Economics > Finance & accounting > Finance > Investment & securities > Commodities
The authors provide a broad overview of economic aspects of
commodity taxation, focussing in particular on theory and on policy
applications in OECD countries. Some major papers in public
economics have discussed whether these taxes should be levied at a
uniform rate, or whether different commodities should be taxed
differently, for reasons of either equity or efficiency. The
authors begin with this question, and then discuss further issues,
including the economic incidence of commodity taxes, the properties
of the VAT, the taxation of financial services, the international
aspects of commodity taxation, and environmental and health policy
aspects.
This book contains solutions to the Practice Questions that appear
at the ends of chapters in my book Options, Futures, and Other
Derivatives, 9th edition, Global Edition. The questions have been
designed to help readers study on their own and test their
understanding of the material. They range from quick checks on
whether a key point is understood to much more challenging
applications of analytical techniques. Some prove or extend results
presented in the book. To maximize the benefits from this book
readers are urged to sketch out their own solutions to the
questions before consulting mine.
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