Matches in SemOpenAlex for { <https://semopenalex.org/work/W2761078435> ?p ?o ?g. }
Showing items 1 to 77 of
77
with 100 items per page.
- W2761078435 endingPage "311" @default.
- W2761078435 startingPage "300" @default.
- W2761078435 abstract "Abstract The housing crisis that began with the “Great Recession” led to a dramatic increase in home foreclosures, and these foreclosures likely had subsequent impacts on local government tax revenues. We investigate the impacts of foreclosures on local government tax revenues, using a reduced form estimation approach that relates changes in foreclosures to changes in local government tax revenues. Unlike most previous work, we focus mainly on the nationwide revenue impacts of new foreclosures, using data across all local governments in the entire United States during the worst years of the Great Recession. We also use an instrumental variable approach that controls for possible endogeneity of foreclosures and housing prices. Overall, we find evidence that the new foreclosures had a direct , negative, but small effect on total tax revenues at the local level, although there is only weak evidence that this impact can be attributed to declines in local property taxes. However, we also find that foreclosures had an indirect and negative impact on local governments via declines in state government funding. We suggest that foreclosures may have affected the real economy, thereby reducing the state government revenues dependent on real economic activity that were used to finance transfers to local governments." @default.
- W2761078435 created "2017-10-20" @default.
- W2761078435 creator A5014361358 @default.
- W2761078435 creator A5087692104 @default.
- W2761078435 date "2018-05-01" @default.
- W2761078435 modified "2023-09-25" @default.
- W2761078435 title "The housing crisis, foreclosures, and local tax revenues" @default.
- W2761078435 cites W1493546938 @default.
- W2761078435 cites W1514458725 @default.
- W2761078435 cites W1525191630 @default.
- W2761078435 cites W1579939102 @default.
- W2761078435 cites W1603066589 @default.
- W2761078435 cites W2007069095 @default.
- W2761078435 cites W2011782125 @default.
- W2761078435 cites W2032356939 @default.
- W2761078435 cites W2034387432 @default.
- W2761078435 cites W2044086685 @default.
- W2761078435 cites W2048964667 @default.
- W2761078435 cites W2084367698 @default.
- W2761078435 cites W2094534257 @default.
- W2761078435 cites W2103569408 @default.
- W2761078435 cites W2123750251 @default.
- W2761078435 cites W2295096449 @default.
- W2761078435 cites W2527570328 @default.
- W2761078435 cites W2591379360 @default.
- W2761078435 cites W3122630720 @default.
- W2761078435 cites W3124024532 @default.
- W2761078435 cites W3124147966 @default.
- W2761078435 cites W3125404537 @default.
- W2761078435 cites W3126052810 @default.
- W2761078435 doi "https://doi.org/10.1016/j.regsciurbeco.2017.09.006" @default.
- W2761078435 hasPublicationYear "2018" @default.
- W2761078435 type Work @default.
- W2761078435 sameAs 2761078435 @default.
- W2761078435 citedByCount "4" @default.
- W2761078435 countsByYear W27610784352019 @default.
- W2761078435 countsByYear W27610784352020 @default.
- W2761078435 countsByYear W27610784352021 @default.
- W2761078435 crossrefType "journal-article" @default.
- W2761078435 hasAuthorship W2761078435A5014361358 @default.
- W2761078435 hasAuthorship W2761078435A5087692104 @default.
- W2761078435 hasBestOaLocation W27610784352 @default.
- W2761078435 hasConcept C100001284 @default.
- W2761078435 hasConcept C10138342 @default.
- W2761078435 hasConcept C121964417 @default.
- W2761078435 hasConcept C144133560 @default.
- W2761078435 hasConcept C162324750 @default.
- W2761078435 hasConcept C195487862 @default.
- W2761078435 hasConcept C556758197 @default.
- W2761078435 hasConceptScore W2761078435C100001284 @default.
- W2761078435 hasConceptScore W2761078435C10138342 @default.
- W2761078435 hasConceptScore W2761078435C121964417 @default.
- W2761078435 hasConceptScore W2761078435C144133560 @default.
- W2761078435 hasConceptScore W2761078435C162324750 @default.
- W2761078435 hasConceptScore W2761078435C195487862 @default.
- W2761078435 hasConceptScore W2761078435C556758197 @default.
- W2761078435 hasLocation W27610784351 @default.
- W2761078435 hasLocation W27610784352 @default.
- W2761078435 hasOpenAccess W2761078435 @default.
- W2761078435 hasPrimaryLocation W27610784351 @default.
- W2761078435 hasRelatedWork W1480494772 @default.
- W2761078435 hasRelatedWork W172659435 @default.
- W2761078435 hasRelatedWork W2007864914 @default.
- W2761078435 hasRelatedWork W2017743522 @default.
- W2761078435 hasRelatedWork W2021594880 @default.
- W2761078435 hasRelatedWork W2093068507 @default.
- W2761078435 hasRelatedWork W2308722213 @default.
- W2761078435 hasRelatedWork W2364339435 @default.
- W2761078435 hasRelatedWork W2595322181 @default.
- W2761078435 hasRelatedWork W3187971267 @default.
- W2761078435 hasVolume "70" @default.
- W2761078435 isParatext "false" @default.
- W2761078435 isRetracted "false" @default.
- W2761078435 magId "2761078435" @default.
- W2761078435 workType "article" @default.