months after a reform, a one percentage point increase in the tax rate reduces property prices by on average 3.5%. Effects … context of a theoretical model that accounts for the effects of RETT on a property's resale value. If a property is expected …

's birth place is an important determinant for wealth in adulthood. We exploit a new dataset that oversamples wealthy … individuals in Germany and includes information on birth district, current residence, individual wealth, gifts and inheritances … and parental background. To identify the effect of economic growth on children's wealth we match the population of heirs …