Browsing BI Open by Author "Balke, Kasper Kragh"

Now showing items 1-2 of 2

    • Down-payment requirements: Implications for portfolio choice and consumption 

      Balke, Kasper Kragh; Karlman, Markus; Kinnerud, Karin (HOFIMAR Working Paper Series;3/2024, Working paper, 2024-05)
      This paper considers optimal taxation of housing capital. To this end, we employ a life-cycle model calibrated to the U.S. economy, where asset holdings and labor productivity vary across households, and tax reforms lead ...

    • Winners and Losers from Property Taxation 

      Balke, Kasper Kragh; Karlman, Markus; Kinnerud, Karin (HOFIMAR Working Paper Series;4/2024, Working paper, 2024-06-21)
      This paper studies how down-payment requirements for house purchases affect households’ saving and housing decisions, and the implications for macroeconomic policy. Using a quantitative model, we find that households not ...