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

• 主要作者: DANG, Dinh Tuan
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2024
• 主題: Special Stamp Duty; Buyer's Stamp Duty; Transaction tax; tobin tax; hong kong; property; SSD; BSD; Real Estate; Taxation
• 在線閱讀: 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...