Theory and EmpiricsDocumentos de trabajoDiciembre 2008Richard W. England and Ju-Chin Huang
In this paper, we first theorize about the size of a house constructed on a residential lot, measured by height and footprint area. We hypothesize that the property tax rate will have a negative...
Documentos de trabajoSeptiembre 2008Yan Song and Yves Zenou
This article attempts a formal analysis of the connection between the differentiated property tax within urban areas and urban sprawl in U.S. cities. We first develop a theoretical model in which the...
A Framework for ReformDocumentos de trabajoJulio 2008Nathan B. Anderson and Therese McGuire
Illinois is one of 23 states that limit both local property tax rates and property tax revenues. Because of its importance to local government finance, reforms of the Illinois property tax system are...
Evidence From the Market for Second HomesDocumentos de trabajoMayo 2008Erik Johnson and Randall Walsh
While there exists a large empirical literature on the capitalization of property taxes into home prices, very little work has been done to identify the effect of differences in property taxes on...
Evidence from Growth Patterns in PennsylvaniaDocumentos de trabajoMarzo 2008H. Spencer Banzhaf and Nathan Lavery
Urban sprawl has become a policy concern of national prominence. Land or split-rate taxes are one potential way to address this issue. In theory, such taxes can lower the land/capital ratio. This in...
Features, Use, and Policy IssuesDocumentos de trabajoMarzo 2008John H. Bowman
This paper provides an overview of the nature, development, extent, and effect of residential property tax relief programs in the United States. Its major focus is on circuit breakers, which target...
An Annotated BibliographyDocumentos de trabajoFebrero 2008Kent R. Grote and Richard F. Dye
This paper lists over 350 books, articles, and papers on land value taxation with annotations.