Can Property Taxes Reduce House Price Volatility? : Evidence from U.S. Regions /

We use a novel dataset on effective property tax rates in U.S. states and metropolitan statistical areas (MSAs) over the 2005-2014 period to analyze the relationship between property tax rates and house price volatility. We find that property tax rates have a negative impact on house price volatilit...

Полное описание

Библиографические подробности
Главный автор: Poghosyan, Tigran
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2016.
Серии:IMF Working Papers; Working Paper ; No. 2016/216
Online-ссылка:Full text available on IMF