Papers for Past Webinars

Rebecca Fraenkel

This report, by Rebecca Fraenkel, investigates the effect of property tax changes on individual homeowner mobility and voted tax rates using a panel of individual assessment and sales records in Ohio.

Yael Elster, Itai Ater, and Eran B. Hoffman

This report, by Yael Elster, studies the dual role of real-estate investors, households who own multiple housing units, in ownership and rental housing markets.

Paul J. Fisher

This report, by Paul J. Fisher, leverages differential exposure to the Proposition 13 tax laws to understand the impact of this policy on the production of housing in Southern California.

Hans R.A. Koster and Edward W. Pinchbeck

This report, by Hans Koster, discusses the rate at which individuals trade present and future costs and benefits by estimating discount rates from extensive data on housing transactions and spatiotemporal variation in property taxes in England.

Yanling G. Mayer and Frank E. Nothaft

This report, by Yanling G. Mayer, delves into the underlying appraisal development to identify causes of appraisal bias.

Nicola Bianchi, Michela Giorcelli, and Enrica Maria Martino

This report, by Nicola Bianchi, studies how fiscal decentralization affects local services. It explores a 1993 reform that increased the fiscal autonomy of Italian municipalities by replacing government transfers with revenues from a local property tax and how the reform affected labor markets.

Brent W. Ambrose and Maxence Valentin

This report, by Brent W. Ambrose, provides new insights into the equity of the current tax system.

Lu Han, L. Rachel Ngai, and Kevin D. Sheedy

This report, by Lu Han, finds three novel effects of a higher property transaction tax: higher buy-to-rent transactions alongside lower buy-to-own transactions, despite both being taxed; lower sales-to-leases and price-to-rent ratios; and longer time-on-the-market

Daniel McMillen, Ruchi Singh

This analysis, by Daniel McMillen and Ruchi Singh, of residential assessment ratios in Cook County, Illinois for 1976 - 2020 suggests that unusually low and high assessment ratios display only a modest amount of persistence over time. Mean and median assessment rates were consistently lower than statutory rates throughout this time, apart from a short period during the Great Recessions. While lowpriced properties tend to have higher assessment rates than high-priced homes, they also are much more variable. High assessment rates in one assessment year are frequently followed by lower rates for the same property in subsequent years.

Christopher Berry