Can a Tobin tax curb speculation in the housing market? A study on the effect in the primary market of Hong Kong tax policy

• المؤلف الرئيسي: DANG, Dinh Tuan
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2024
• الموضوعات: Special Stamp Duty; Buyer's Stamp Duty; Transaction tax; tobin tax; hong kong; property; SSD; BSD; Real Estate; Taxation
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/etd_coll/617; https://ink.library.smu.edu.sg/context/etd_coll/article/1615/viewcontent/GPGM_AY2019_PhD_DANG_DINH_TUAN.pdf

This study examines the effect of Special Stamp Duty (SSD) and Buyer's Stamp Duty (BSD) on Hong Kong’s housing prices in the primary market. Using micro transaction data, I show that the Tobin tax policies were not effective in cooling the primary market. The primary market responded differentl...