The Marginal Value of Public Pension Wealth: Evidence from Border House Prices
收藏NBER2021-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w29405
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资源简介：
We study effects of state pension windfalls on property prices near state borders, where theory suggests real estate reflects the value of additional public resources. Windfalls have grown to half the size of total state tax revenues and provide plausibly well-identified variation in fiscal
提供机构：
美国国家经济研究局
创建时间：
2021-10-01
