We analyze the welfare implications of property taxation. Using a sufficient statistics
approach, we show that the tax incidence depends on how housing prices, labor and other …

We analyze the effects of a large place-based policy, subsidizing up to 50% of investment
costs of manufacturing firms in East Germany after reunification. We show that a 1 …

Introduction. The agricultural sector is a strategically important segment for ensuring the
country's national security. New challenges rightly require appropriate responses. All means …

Recently, many cities have proposed property tax incentives on new construction to
counteract rising rents. However, to date, there is little empirical evidence on their local …

We study the incidence of local taxes on the welfare of heterogeneous residents. A structural
model of imperfectly mobile households who differ in terms of family status and income …

Notes: The table reports the R2 and residual variation from an unweighted regression of the
Census Shock on federal state (column (1)), commuting zone (columns (2) and (4)), or …

This paper investigates the financial burdens of changes in property taxes on homeowners,
a margin that is not well studied in the literature. Exploiting a unique reform in Philadelphia …

Source: BHP Notes: This figure plots coefficients along with 95% confidence intervals of
regressing log manufacturing employment on leads and lags of a change in the maximum …

We study the consequences of a large-scale austerity program targeting financially-
constrained municipalities in Germany. For identification, we exploit the quasi-random …

Despite an established theoretical literature on (optimal) wealth taxation, the empirical
literature is still scarce. Previous studies usually focus on country case studies and a specific …