| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4408 |
| DP4408 Central Bank Communication and Output Stabilization | |
| Sylvester Eijffinger; Marco Hoeberichts; Mewael F. Tesfaselassie | |
| 发表日期 | 2004-06-23 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | Before 1992 mortgage interest in Italy was fully tax deductible up to 3,500 euro (7,000 for two cosigners). Between 1992-94 the government implemented a series of tax reforms whose ultimate effect was to cancel the relation between the after-tax mortgage rate and the marginal tax rate. Using data from the 1987-2000 Survey of Household Income and Wealth we test if the cancellation of incentives has reduced the propensity to borrow of high-income taxpayers relative to the other population groups. Difference-in-differences estimates and regression analysis indicate that tax considerations have not affected the demand for mortgage debt, either at the extensive or intensive margin. |
| 主题 | International Macroeconomics |
| 关键词 | Mortgage debt Tax incentives Borrowing |
| URL | https://cepr.org/publications/dp4408 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533362 |
| 推荐引用方式 GB/T 7714 | Sylvester Eijffinger,Marco Hoeberichts,Mewael F. Tesfaselassie. DP4408 Central Bank Communication and Output Stabilization. 2004. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
