Papers for Past Webinars

This report, by Christopher Berry, evaluates property tax regressivity and its causes in New York City.

Property taxes in developing countries are plagued by noncompliance and can exacerbate liquidity constraints. Anne Brockmeyer, Alejandro Estefan, Karina Ramírez Arras, and Juan Carlos Suárez Serrato characterize optimal enforcement and taxation policies as functions of revenue elasticities and measures of taxpayer hardship.

Philadelphia’s Actual Value Initiative, adopted in 2013, creates a unique opportunity for us to test whether reassessments at short intervals to true market value and taxing by such values improve equity. Based on a difference-in-differences framework using parcel-level data matched with transactions in Philadelphia and 15 comparable cities, this study, by Yilin Hou, Lei Ding, David J. Schwegman, and Alaina G. Barca, finds positive evidence on equity outcomes from more regular revaluations.

The post-Corona economic environment puts a premium on finding fiscal means to stimulate the economy while continuing to finance current levels of expenditures and debt. Michael Kumhof, Nicolaus Tideman, Michael Hudson, and Charles A Goodhart find that the US share of land in total nonfinancial assets is more than 50%, so that the tax base is very large.

Authors Keith Ihlanfeldt and Cynthia Fan Yang relate the effective tax rate and the tax price that homeowners pay for public services to shifts in their city's housing units in favor of rentals, broken down by type.