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Local Fiscal Policy and Retiree Migration: Evidence from the Health and Retirement Study

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Author Info
Purvi Sevak () (Hunter College, Department of Economics)
Martin Farnham

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Abstract

We use the 1992 to 2000 waves of HRS and town-level fiscal data from the Census of Governments, to examine whether moves by households near retirement age are motivated by local fiscal policy. The data show some evidence that movers lower their fiscal burden. Households that move across states the first time after their children have reached adulthood reduce their property tax liability by an average of $115. However, there is a great deal of heterogeneity across different types of movers. It is clear that while fiscal policy may factor into the move decision, it is just one of many variables upon which location choice by retirees is based.

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File URL: http://arrow.hunter.cuny.edu/research/papers/HunterEconWP02-7.pdf
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Publisher Info
Paper provided by Hunter College: Department of Economics in its series Hunter College Department of Economics Working Papers with number 02/7.

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Date of creation: 2002
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Handle: RePEc:htr:hcecon:02/7

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Related research
Keywords: Local Public Finance;

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References listed on IDEAS
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  1. Poterba, James M, 1998. "Demographic Change, Intergenerational Linkages, and Public Education," American Economic Review, American Economic Association, vol. 88(2), pages 315-20, May. [Downloadable!] (restricted)
  2. Conway, Karen Smith & Houtenville, Andrew J, 1998. " Do the Elderly "Vote with Their Feet"?," Public Choice, Springer, vol. 97(4), pages 663-85, December. [Downloadable!] (restricted)
  3. Daniel McFadden, 1977. "Modelling the Choice of Residential Location," Cowles Foundation Discussion Papers 477, Cowles Foundation, Yale University. [Downloadable!]
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Cited by:
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  1. Mehmet Serkan Tosun & Claudia Williamson & Pavel Yakovlev, 2007. "Population Aging, Elderly Migration and Education Spending: Intergenerational Conflict Revisited," Working Papers 07-003, University of Nevada, Reno, Department of Economics & University of Nevada, Reno , Department of Resource Economics. [Downloadable!]
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