Tag Archives: Local Public Finance

Quasi-Experimental Evidence on The Connection Between Property Taxes and Residential Capital Investment

From Byron Lutz: Do low property taxes attract residential capital investment? This question is answered using an unusual school finance reform in the state of New Hampshire. The reform induced large shifts in property tax burdens and this shock is used … Continue reading

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Declining Reliance on State Corporate Tax Revenues

Source: US Census of Governments. The share of federal revenue from corporate taxation has also been declining. See here for a graph and discussion.

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Subways, Strikes, and Slowdowns: The Impacts of Public Transit on Traffic Congestion

After recent debates about BART strikes, I found this paper from Michael Anderson to be pretty interesting. Transit accounts for only 1% of U.S. passenger miles traveled but attracts strong public support. Using a simple choice model, we predict that … Continue reading

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Are State Governments Roadblocks to Federal Stimulus? Evidence from Highway Grants in the 2009 Recovery Act

From Sylvain Leduc and Dan Wilson: We examine how state governments adjusted spending in response to the large temporary increase in federal grants under the 2009 American Recovery and Reinvestment Act (ARRA). We concentrate our analysis on ARRA highway grants, which … Continue reading

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