منابع مشابه
Proposition 13 : An Equilibrium Analysis ∗
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...
متن کاملDid 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...
متن کاملThe Coase Proposition, Information Constraints, and Long-Run Equilibrium: Comment
Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at http://www.jstor.org/about/terms.html. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your perso...
متن کاملHorizontal Mergers: An Equilibrium Analysis
Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at http://www.jstor.org/page/info/about/policies/terms.jsp. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive o...
متن کاملan infinite planar array of rectangular microstrip patch antenna analysis
the methods which are used to analyze microstrip antennas, are divited into three categories: empirical methods, semi-empirical methods and full-wave analysis. empirical and semi-empirical methods are generally based on some fundamental simplifying assumptions about quality of surface current distribution and substrate thickness. thses simplificatioms cause low accuracy in field evaluation. ful...
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ژورنال
عنوان ژورنال: American Economic Journal: Macroeconomics
سال: 2018
ISSN: 1945-7707,1945-7715
DOI: 10.1257/mac.20160327