منابع مشابه
Did Serrano Cause Proposition 13?**
poor communities to generate the same tax revenues for a given local rate (Coons, Proposition 13 gutted California's proPClune and Sugarman, 1970). In an aterty tax system in 1978. Most people think tempt to comply with the coures ruling that the tax-revolt initiative was caused by the state legislature adopted a new school' excessivegovernment spending and rising aid formula that added funds t...
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In 1978, California passed one of the most significant tax changes initiated by voters in the United States. Proposition 13 lowered property tax rates and restricted future property tax increases. In this paper, we study the implications of Proposition 13 on house prices, housing turnover, and household welfare. In our benchmark calibration, the introduction of Proposition 13 leads to a 25% inc...
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In a September 2012 case report in this journal, Kim et al describe a 77-year-old woman who presented to their clinic with back and leg pain and a diagnosis of lumbar stenosis that had not responded to conventional conservative management or to repeated sessions of traditional Korean cupping therapy. The authors report that 3 months before their initial meeting with the patient she had had 30 s...
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When and where did consciousness emerge in the course of evolution? Did it happen as recently as the past million years, for example concomitant with language or tool making in humans or primates? Or did consciousness arrive somewhat earlier, with the advent of mammalian neocortex 200 million years ago (Eccles, 1992)? At the other extreme, is primitive consciousness a property of even simple un...
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We apply neoclassical modelling techniques to the period of the Great Depression. In particular, we examine a modification of the real business cycle model in which the possibility of indeterminacy of equilibria arises. In other words, agents’ self-fulfilling expectations can serve as a primary impulse behind fluctuations. We find that the model, driven only by these measured sunspot shocks, ca...
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ژورنال
عنوان ژورنال: National Tax Journal
سال: 1989
ISSN: 0028-0283,1944-7477
DOI: 10.1086/ntj41788814