Housing Market Responses to Transaction Taxes: Evidence From Notches and Stimulus in the U.K
Housing Market Responses to Transaction Taxes: Evidence From Notches and Stimulus in the U.K
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Publisher
Oxford: Oxford University Press
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Language
English
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Publisher
Oxford: Oxford University Press
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Scope and Contents
Contents
We investigate housing market responses to transaction taxes using administrative data on all property transactions in the U.K. from 2004 to 2012 combined with quasi-experimental variation from tax notches and tax stimulus. We present two main findings. First, transaction taxes are highly distortionary across a range of margins, causing large disto...
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Full title
Housing Market Responses to Transaction Taxes: Evidence From Notches and Stimulus in the U.K
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TN_cdi_proquest_journals_2001316671
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2001316671
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ISSN
0034-6527
E-ISSN
1467-937X
DOI
10.1093/restud/rdx032