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  1. Homeowners Associations and Their Impact on the Local Public Budget

    Ponencias
    Mayo 2010
    Ron Cheung

    The primary objective of homeowners associations (HOAs) is to provide their members with services that supplement the municipal provision. Access to HOA services is restricted to members only. In...

  2. Complex Debt for Financing Infrastructure

    Ponencias
    Mayo 2010
    Jeffrey I. Chapman

    In this paper, Jeffrey Chapman, professor at Arizona State University, examines certificates of participation, community facility district debt, and tax credit bonds. The certificate of participation...

  3. An Analysis of Alternative Revenue Sources for Local Governments

    Ponencias
    Mayo 2010
    David L. Sjoquist and Andrew V. Stephenson

    In this paper, David L. Sjoquist and Andrew V. Stephenson evaluate the property tax, local sales tax, and local income tax using a standard set of criteria, including efficiency, equity, tax base...

  4. How Alternative Revenue Structures Are Changing Local Government

    Ponencias
    Mayo 2010
    Tracy M. Gordon and Kim Rueben

    In this paper, Tracy M. Gordon and Kim Rueben note that the revenue mix for local government changes frequently in response to economic shocks, policy shifts, and technological advances in tax...

  5. China’s Land System

    Past, Present, and Future
    Ponencias
    Mayo 2009
    Dwight H. Perkins

    In this paper, Dwight H. Perkins discusses how the development of Chinese real estate markets has generated tensions between different segments of the population and between the government and...

  6. Property Rights and Real Estate Privatization in Russia

    A Work in Progress
    Ponencias
    Mayo 2009
    Bertrand Renaud, Joseph K. Eckert, and R. Jerome Anderson

    Russia has attempted to develop property rights institutions to facilitate the development of private real estate markets since 1991. As of 2008 only one city (Veliky Novgorod) of 171 medium and...

  7. Should Decreases in Property Value Caused by Regulations Be Compensated?

    Ponencias
    Mayo 2009
    Abraham Bell

    Ideally, government could recoup the benefits of land use planning and redistribute them to those who bear the costs. In this case takings compensation is justified. Given the reciprocal nature of...

  8. Property Rights Created Under a Federalist Approach to Tradable Emissions Policy

    Ponencias
    Mayo 2009
    Dallas Burtraw and Richard Sweeney

    Property rights approaches can be employed to achieve environmental conservation. Two specific topics are examined here: tradable emission permits and conservation easements. The implementation of...

  9. Private Conservation Easements

    Balancing Private Initiative and the Public Interest
    Ponencias
    Mayo 2009

    A commonly used property rights approach to conserving the environment is private conservation easements. Gerald Korngold discusses the benefits of this policy and proposes methods to mediate some of...

  10. Local Revenues Under Fiscal Decentralization in Developing Countries

    Linking Policy Reform, Governance, and Capacity
    Ponencias
    Mayo 2008
    Paul Smoke

    Paul Smoke examines local revenue generation under fiscal decentralization in developing countries. He finds that local capacity for generating own-source funds is rare due to a lack of attention to...

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