Lewis, W. Cris; McNutt, Paul J. - In: Real Estate Economics 7 (1979) 3, pp. 344-361
The incidence of local property taxes, specifically the degree of capitalizing of property tax differentials in market prices, remains an unresolved question. The studies by Oates (1969) and McMillan and Carlson (1977), which come to contradictory conclusions typify the diversity of opinion on...