IDEAS home Printed from https://ideas.repec.org/p/hpe/wpaper/y2004i7.html
   My bibliography  Save this paper

La Vivienda Y La Reforma Fiscal De 1998: Un Ejercicio De Simulación(*)

Author

Listed:
  • Miguel Ángel López García

    (Universidad Autónoma de Barcelona)

Abstract

. En este trabajo se discuten las consecuencias que puede tener la reforma del Impuesto sobre la Renta de las Personas Físicas de 1998 sobre los precios reales de la vivienda y el stock de capital residencial (bajo la forma de tenencia en propiedad). El énfasis se coloca en los efectos a largo plazo. Para ello se especifica, parametriza y calibra un modelo de vivienda agregado que reproduce las disposiciones fiscales antes y después del cambio impositivo. Las simulaciones realizadas sugieren que es probable que el “efecto precio” de la reforma acabe predominando sobre el “efecto renta”, dando lugar a una reducción tanto en el precio real como en el stock. Los resultados son robustos frente a variaciones de algunos parámetros clave (en particular de la elasticidad-precio de la inversión residencial). Las cifras involucradas son pequeñas, si bien la consideración de los periodos transitorios entre equilibrios a largo plazo puede hacer que éstas sean mucho más significativas.

Suggested Citation

  • Miguel Ángel López García, "undated". "La Vivienda Y La Reforma Fiscal De 1998: Un Ejercicio De Simulación(*)," Working Papers 7-04 Classification-JEL :, Instituto de Estudios Fiscales.
    • Handle: RePEc:hpe:wpaper:y:2004:i:7
    as

    Download full text from publisher

    File URL: http://www.ief.es/documentos/recursos/publicaciones/papeles_trabajo/2004_07.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Miguel-Angel López García, 2005. "La vivienda y la reforma fiscal de 1998: un ejercicio de simulación," Hacienda Pública Española / Review of Public Economics, IEF, vol. 175(4), pages 123-147, december.
    2. José María Arranz & Carlos García-Serrano, "undated". "¿Qué Ha Sucedido Con La Estabilidad Del Empleo En España?. Un Análisis Desagregado Con Datos De La Epa: 1987-2003(*)," Working Papers 4-04 Classification-JEL :, Instituto de Estudios Fiscales.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Luis Ayala (*) & Carolina Navarro, "undated". "Multidimensional Indices Of Housing Deprivation With Application To Spain," Working Papers 12-04 Classification-JEL , Instituto de Estudios Fiscales.
    2. Julio López Laborda, "undated". "Capital Gains Taxation And Progressivity," Working Papers 1-06 Classification-JEL :, Instituto de Estudios Fiscales.
    3. Ignacio Lago-Peñas & Santiago Lago-Peñas, "undated". "The Composition Of Public Spending And The Nationalization Of Party Systems In Western Europe," Working Papers 8-06 Classification-JEL :, Instituto de Estudios Fiscales.
    4. : Eduardo L. Giménez (a) & Miguel Rodríguez, "undated". "Pigou’S Dividend Versus Ramsey’S Dividend In The Double Dividend Literature," Working Papers 2-06 Classification-JEL :, Instituto de Estudios Fiscales.
    5. Julián Ramajo Hernández(1) & Montserrat Ferré Carracedo(2), "undated". "Testing For Long-Run Purchasing Power Parity In The Post Bretton Woods Era: Evidence From Old And New Tests," Working Papers 24-05 Classification-JEL , Instituto de Estudios Fiscales.
    6. Santiago Díaz de Sarralde Míguez & Jesús Ruiz-Huerta Carbonell, "undated". "Assessing Tax Reforms. Critical Comments And A Proposal: The Level And Distance Effects (*)," Working Papers 3-06 Classification-JEL :, Instituto de Estudios Fiscales.
    7. Miguel Ángel Galindo Martín, "undated". "Distribución De La Renta, Crecimiento Y Política Fiscal," Working Papers 25-04 Classification-JEL , Instituto de Estudios Fiscales.
    8. Joan Gil & Miguel Angel López García & Jorge Onrubia & Cío Patxot & Guadalupe Souto, 2007. "A projection model of the contributory pension expenditure of the spanish social security system: 2004-2050," Hacienda Pública Española / Review of Public Economics, IEF, vol. 182(3), pages 75-116, September.
    9. Juan Prieto-Rodríguez & Juan Gabriel Rodríguez & Rafael Salas, "undated". "Interactions Inequality-Polarization: Characterization Results(*)," Working Papers 15-05 Classification-JEL , Instituto de Estudios Fiscales.
    10. Rosa María Urbanos Garrido, "undated". "Tendencias Internacionales En La Financiación Del Gasto Sanitario," Working Papers 19-04 Classification-JEL , Instituto de Estudios Fiscales.
    11. Miguel-Angel López García, 2005. "La vivienda y la reforma fiscal de 1998: un ejercicio de simulación," Hacienda Pública Española / Review of Public Economics, IEF, vol. 175(4), pages 123-147, december.
    12. Manuel Jaén García & Luis Palma Martos, "undated". "Public Expenditure Dynamics In Spain: A Simplified Model Of Its Determinants," Working Papers 9-04 Classification-JEL :, Instituto de Estudios Fiscales.
    13. Ramiro Gil-Serrate & Julio López-Laborda, "undated". "Modelling Tax Decentralisation And Regional Growth," Working Papers 14-05 Classification-JEL , Instituto de Estudios Fiscales.
    14. Diego Martinez-Lopez, 2004. "The optimal provision of public inputs in a second best scenario," Economics Bulletin, AccessEcon, vol. 8(3), pages 1-9.
    15. Francisco J. Delgado Rivero (*), "undated". "Are The Tax Mix And The Fiscal Pressure Converging In The European Union?," Working Papers 11-06 Classification-JEL , Instituto de Estudios Fiscales.
    16. Berta Rivera & Luis Currais & Paolo Rungo, "undated". "Child Nutrition And Multiple Equilibria In The Human Capital Transition Function," Working Papers 21-06 Classification-JEL , Instituto de Estudios Fiscales.
    17. Luis Ayala & Carolina Navarro & Mercedes Sastre, 2011. "Cross-country income mobility comparisons under panel attrition: the relevance of weighting schemes," Applied Economics, Taylor & Francis Journals, vol. 43(25), pages 3495-3521.
    18. Violeta Ruiz Almendral & François Vaillancourt, "undated". "Choosing To Be Different (Or Not): Personal Income Taxes At The Subnational Level In Canada And Spain," Working Papers 29-06 Classification-JEL , Instituto de Estudios Fiscales.
    19. Luis Ayala & Magdalena Rodríguez, "undated". "Multiple Ocurrence Of Welfare Recipiency: Determinants And Policy Implications," Working Papers 13-04 Classification-JEL , Instituto de Estudios Fiscales.
    20. Félix Domínguez Barrero & Julio López Laborda, "undated". "¿Por Qué Ahorra La Gente En Planes De Pensiones Individuales?," Working Papers 27-04 Classification-JEL , Instituto de Estudios Fiscales.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Luis Ayala (*) & Carolina Navarro, "undated". "Multidimensional Indices Of Housing Deprivation With Application To Spain," Working Papers 12-04 Classification-JEL , Instituto de Estudios Fiscales.
    2. Manuel Jaén García & Luis Palma Martos, "undated". "Public Expenditure Dynamics In Spain: A Simplified Model Of Its Determinants," Working Papers 9-04 Classification-JEL :, Instituto de Estudios Fiscales.
    3. Berta Rivera & Luis Currais & Paolo Rungo, "undated". "Child Nutrition And Multiple Equilibria In The Human Capital Transition Function," Working Papers 21-06 Classification-JEL , Instituto de Estudios Fiscales.
    4. : Eduardo L. Giménez (a) & Miguel Rodríguez, "undated". "Pigou’S Dividend Versus Ramsey’S Dividend In The Double Dividend Literature," Working Papers 2-06 Classification-JEL :, Instituto de Estudios Fiscales.
    5. Luis Ayala & Magdalena Rodríguez, "undated". "Multiple Ocurrence Of Welfare Recipiency: Determinants And Policy Implications," Working Papers 13-04 Classification-JEL , Instituto de Estudios Fiscales.
    6. Santiago Díaz de Sarralde Míguez & Jesús Ruiz-Huerta Carbonell, "undated". "Assessing Tax Reforms. Critical Comments And A Proposal: The Level And Distance Effects (*)," Working Papers 3-06 Classification-JEL :, Instituto de Estudios Fiscales.
    7. Luis Ayala & Carolina Navarro & Mercedes Sastre, 2011. "Cross-country income mobility comparisons under panel attrition: the relevance of weighting schemes," Applied Economics, Taylor & Francis Journals, vol. 43(25), pages 3495-3521.
    8. Julio López Laborda, "undated". "Capital Gains Taxation And Progressivity," Working Papers 1-06 Classification-JEL :, Instituto de Estudios Fiscales.
    9. Diego Martinez-Lopez, 2004. "The optimal provision of public inputs in a second best scenario," Economics Bulletin, AccessEcon, vol. 8(3), pages 1-9.
    10. Julián Ramajo Hernández(1) & Montserrat Ferré Carracedo(2), "undated". "Testing For Long-Run Purchasing Power Parity In The Post Bretton Woods Era: Evidence From Old And New Tests," Working Papers 24-05 Classification-JEL , Instituto de Estudios Fiscales.
    11. Ignacio Lago-Peñas & Santiago Lago-Peñas, "undated". "The Composition Of Public Spending And The Nationalization Of Party Systems In Western Europe," Working Papers 8-06 Classification-JEL :, Instituto de Estudios Fiscales.
    12. Violeta Ruiz Almendral & François Vaillancourt, "undated". "Choosing To Be Different (Or Not): Personal Income Taxes At The Subnational Level In Canada And Spain," Working Papers 29-06 Classification-JEL , Instituto de Estudios Fiscales.
    13. Ramiro Gil-Serrate & Julio López-Laborda, "undated". "Modelling Tax Decentralisation And Regional Growth," Working Papers 14-05 Classification-JEL , Instituto de Estudios Fiscales.
    14. Francisco J. Delgado Rivero (*), "undated". "Are The Tax Mix And The Fiscal Pressure Converging In The European Union?," Working Papers 11-06 Classification-JEL , Instituto de Estudios Fiscales.
    15. Juan Prieto-Rodríguez & Juan Gabriel Rodríguez & Rafael Salas, "undated". "Interactions Inequality-Polarization: Characterization Results(*)," Working Papers 15-05 Classification-JEL , Instituto de Estudios Fiscales.
    16. Joan Gil & Miguel Angel López García & Jorge Onrubia & Cío Patxot & Guadalupe Souto, 2007. "A projection model of the contributory pension expenditure of the spanish social security system: 2004-2050," Hacienda Pública Española / Review of Public Economics, IEF, vol. 182(3), pages 75-116, September.
    17. José Francisco Bellod Redondo, 2017. "Prestaciones por desempleo y tasa de paro en España," Revista de Economia Critica, Asociacion de Economia Critica, vol. 23, pages 60-81.
    18. Rosa María Urbanos Garrido, "undated". "Tendencias Internacionales En La Financiación Del Gasto Sanitario," Working Papers 19-04 Classification-JEL , Instituto de Estudios Fiscales.
    19. Félix Domínguez Barrero & Julio López Laborda, "undated". "¿Por Qué Ahorra La Gente En Planes De Pensiones Individuales?," Working Papers 27-04 Classification-JEL , Instituto de Estudios Fiscales.
    20. Miguel Ángel Galindo Martín, "undated". "Distribución De La Renta, Crecimiento Y Política Fiscal," Working Papers 25-04 Classification-JEL , Instituto de Estudios Fiscales.

    More about this item

    Keywords

    subsidios a la vivienda; reforma fiscal; modelos de simulación.;
    All these keywords.

    JEL classification:

    • H22 - Public Economics - - Taxation, Subsidies, and Revenue - - - Incidence
    • H24 - Public Economics - - Taxation, Subsidies, and Revenue - - - Personal Income and Other Nonbusiness Taxes and Subsidies
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hpe:wpaper:y:2004:i:7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Miguel Gómez de Antonio (email available below). General contact details of provider: https://edirc.repec.org/data/iefgves.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.