Friday, February 23, 2018 - 12:00pm
Although federal taxes get most of the attention, state and local governments account for roughly 40 percent of all tax collections in the United States. In a newly published paper JCHS Meyer Fellow and PhD in Economics candidate Nathaniel Hipsman investigates the effect of state income taxes on home prices using border-pair studies (a pair of ZIP codes that border each other but are not members of the same state). He finds that while the data seem to indicate that notable changes in state tax rates (or differences in bordering states’ tax rates) could have dramatic impacts on home values, closer investigation shows that this result should be viewed cautiously because “standard errors are large, and different specifications lead to different conclusions.”
This talk is part of the Center’s ongoing Housing Research Seminar Series, which gives faculty, senior researchers, and graduate students the opportunity to present and discuss current and recent work with a mix of scholars and practitioners.
1 Bow Street, Suite 400
Cambridge, MA 02138
Bring your lunch. Dessert & coffee provided.
This event will also be livestreamed on Twitter.