This paper attempts to analyze the role of taxes on property in containing asset bubbles and its consequent … related with property using the framework shows that empirical evidence of the incidence of taxes and their impact is largely … views, including those between the traditional and the new-capitalist view of property taxes. The analysis of taxes allows …

This paper presents evidence that property tax limits have detrimental effects on state and local revenues during … recessions. Property tax limits cause states to rely on income-elastic revenue sources, such as the income tax or charges and … states would have fewer and more modest financial problems during economic downturns if they did not enact property tax …

Using the 2006 and 2010 Health and Retirement Study, we explore how the recent recession impacted the wealth holding … household asset ownership, asset wealth and household retirement behavior varied with the nativity of the household and its … standing in the wealth distribution prior to the onset of the recession. We find that the so-called Great Recession made a …

investigating how the net worth, wealth portfolio and the wealth distribution, which are related to well-being, have evolved in the …

losses in terms of employment and earnings are matched only by the losses in terms of real wealth. In many ways, however …. We find that changes in base income, taxes, and income from nonhome wealth during the Great Recession produced declines …

In the present paper author will attempt to show empirically that property taxation causes depression even in the long … run. Hence, the view of OECD (2009) that property taxation will persuade investors to avoid to invest in safe assets …