Giorgio, Bellettini; Giulio, Zanella; Filippo, Taddei - In: The B.E. Journal of Macroeconomics 13 (2013) 1, pp. 25-25
This paper is an empirical investigation into the effect of bequest taxes (estate or inheritance tax, in the US) and inter vivos real estate donations taxes (gift tax, in the US) on (i) house prices, (ii) house donations, and (iii) market transactions. In a simple model with intergenerational...