Property transaction taxes—also known as stamp duty—are widely viewed as an inefficient
form of taxation. In this paper, we examine the welfare implications of removing stamp duty …

The article studies the role of pensions and income taxes in determining homeownership.
We develop a stochastic, overlapping generations model with tenure choice and …

The article investigates the home ownership effects of abolishing deductions for negative
gearing losses and halving the capital gains tax discount under Australian income tax laws …

We compute housing transitions using the The Household, Income and Labour Dynamics in
Australia (HILDA) survey, which is a longitudinal survey that is nationally representative. The …

I study a novel institutional feature of Australian housing markets: the widespread use of
mortgage offset accounts. These accounts reduce mortgage interest costs and increase the …

This paper examines how the call option-like mortgage refinancing structure can generate
sign-dependent effects of monetary policy shocks on consumption. Utilizing European data …

This paper examines the impacts of implementing property tax on China's housing markets
and its welfare consequences. Using the difference-indifference method on housing …