How Do Stamp Duties Affect the Housing Market?

Research, Preprint English OPEN
Davidoff, Ian; Leigh, Andrew;
  • Publisher: Bonn: Institute for the Study of Labor (IZA)
  • Subject: tax incidence, land sales taxation, residential mobility | H71 | tax incidence | H22 | residential mobility | H24 | R21 | land sales taxation | R23 | R28
    • jel: jel:H71 | jel:H22 | jel:R23 | jel:R21 | jel:R28 | jel:H24
      ddc: ddc:330

Land transfer taxes are a substantial portion of the cost of moving house in many developed countries. Since stamp duties are endogenous with respect to the house price, we create an instrumental variable that is the stamp duty on a property, given that postcode's start... View more
  • References (18)
    18 references, page 1 of 2

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