BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//CREST - ECPv5.1.3//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:CREST
X-ORIGINAL-URL:https://crest.science
X-WR-CALDESC:Events for CREST
BEGIN:VTIMEZONE
TZID:Europe/Paris
BEGIN:DAYLIGHT
TZOFFSETFROM:+0100
TZOFFSETTO:+0200
TZNAME:CEST
DTSTART:20180325T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0200
TZOFFSETTO:+0100
TZNAME:CET
DTSTART:20181028T010000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=Europe/Paris:20181120T121500
DTEND;TZID=Europe/Paris:20181120T133000
DTSTAMP:20260713T134723
CREATED:20181106T084416Z
LAST-MODIFIED:20241104T133428Z
UID:12153-1542716100-1542720600@crest.science
SUMMARY:Mathilde POULHES (CREST-INSEE) - “Increasing Housing Transfer Taxes: Buy Now or Foot the Bill Later"
DESCRIPTION:\nThe Microeconometrics Seminar: Every Tuesday at 12:15 pm.\nTime: 12:15 pm – 1:30 pm\nDate: 20th of November 2018\nPlace: Room 3001.\nMathilde POULHES (CREST-INSEE) – “Increasing Housing Transfer Taxes: Buy Now or Foot the Bill Later”. \nAbstract: This paper estimates the impact of the rise of housing transfer tax in France. It exploits both time and geographical discontinuities in the implementation of the 2014 reform that allowed local authorities to raise housing transfer tax. On the short term\, we provide evidence that buyers anticipate the reform to avoid the additional tax burden. We find some evidence of a long-term negative effect of the tax increase on the number of transactions\, only in markets where supply is high relative to demand. Finally\, we find no effect on pre-tax sales prices\, meaning that the burden of the transfer tax rests on the buyer. Our findings highlight the price rigidity of the French housing market and suggest the existence of price frictions potentially due to loss aversion. \n\n\nOrganizers:\nLaurent Davezies (CREST)\, Benoit Schmutz (CREST)\, Arne Uhlendorff (CREST) & Lucas Girard (CREST)\nSponsors:\nCREST\nLunch registration:\nfood provided\, no registration\n\n
URL:https://crest.science/event/mathilde-poulhes-crest-increasing-housing-transfer-taxes-buy-now-or-foot-the-bill-later/
CATEGORIES:Applied Seminar,Economics,Microeconometrics,Seminars
ATTACH;FMTTYPE=:
END:VEVENT
END:VCALENDAR