全球智库信息集成服务系统(G2TT): Age-Based Property Tax Exemptions

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w25468
来源ID	Working Paper 25468
	Age-Based Property Tax Exemptions
	H. Spencer Banzhaf; Ryan Mickey; Carlianne E. Patrick
发表日期	2019-01-21
出版年	2019
语种	英语
摘要	Many local jurisdictions offer property tax exemptions or similar concessions to older citizens. Such exemptions represent substantial intergenerational transfers and may have important implications for local public finances. The consequences of age-based property tax exemptions depend upon the extent to which they influence households' location decisions, housing tenure decisions, and housing consumption. We provide the first evidence on (long-term) changes in household composition and housing consumption attributable to local, age-based property tax exemptions. We construct a unique database of local property tax exemptions in Georgia covering 100 years of county, school district, and selected city property tax laws. We use these data to estimate the effect of age-based property tax exemptions on the number of older homeowners from 1970-2010 attributable to the exemption. Using a "quadruple-difference" estimation strategy, we find a significant increase in older homeowners attributable to the combined effect of age-based property tax exemptions on location decisions and housing tenure. We also find evidence that age-based property tax exemptions increase housing consumption among older households. Finally, we estimate a sorting model to estimate the equilibrium effects of different tax policies.
主题	Public Economics ; Subnational Fiscal Issues ; Regional and Urban Economics
URL	https://www.nber.org/papers/w25468
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/583142
推荐引用方式 GB/T 7714	H. Spencer Banzhaf,Ryan Mickey,Carlianne E. Patrick. Age-Based Property Tax Exemptions. 2019.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
w25468.pdf（361KB）	智库出版物		限制开放	CC BY-NC-SA	浏览