Search Results

No results found.

(refine search)
SORT BY: PREVIOUS / NEXT
Keywords:residential property taxes 

Working Paper
Consumer Spending and Fiscal Consolidation: Evidence from a Housing Tax Experiment

A major change of the property tax system in 2011 generated significant variation in the amount of housing taxes paid by Italian households. Using new questions added to the Survey on Household Income and Wealth (SHIW), we exploit this variation to provide an unprecedented analysis of the effects of property taxes on consumer spending. A tax on the main dwelling leads to large expenditure cuts among households with mortgage debt and low liquid wealth but generates only small revenues for the government. In contrast, higher tax rates on other residential properties reduce private savings and ...
Finance and Economics Discussion Series , Paper 2015-57

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

E21 1 items

E62 1 items

H31 1 items

PREVIOUS / NEXT