projected - in line with tax capitalization theory - that the tax decrease would lead to significant increases in house prices …. We estimate price responses and capitalization degrees, using various DID strategies, in which the price dynamics of … reduction. Our results are largely inconsistent with capitalization theory. For the majority of properties, we find no evidence …

projected - in line with tax capitalization theory - that the tax decrease would lead to significant increases in house prices …. We estimate price responses and capitalization degrees, using various DID strategies, in which the price dynamics of … reduction. Our results are largely inconsistent with capitalization theory. For the majority of properties, we find no evidence …

investment in education because discrimination spurred exit facilitated by human capital. Theory moreover suggests that if exit …

This paper aims to identify the causal effect of English language skills on fertility, health and education outcomes of …

analyze the provision of public primary education in nineteenth-century Prussia which was characterized by a linguistically … polarized society and a decentralized education system. Using unique county-level data on education spending we show that … border suggest that the relationship can be causally interpreted. Exploiting a reform of education spending, we show that …