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Real and private-value assets--defined here as the sum of real estate, infrastructure, collectibles, and non-corporate business equity--is an investment class worth an estimated $85 trillion in the U.S. alone. Furthermore, private values can affect pricing in many other financial markets, such...
Persistent link: https://www.econbiz.de/10012496134
armed actors' property rights over stealing from that economy are secure. By 2009, armed actors taxed, administered, and … violently expropriating the same villages. The findings suggest that the security of property rights over stealing, hence the …
Persistent link: https://www.econbiz.de/10012510510
How do the different elements in the standard bundle of property rights, including those of possession and transfer …, influence the shape of cities? This paper incorporates insecure property rights into a standard model of urban land prices and … density, and makes predictions about investment in land and property, informality, and the efficiency of land use. Our …
Persistent link: https://www.econbiz.de/10012533342
We study the history and geography of wealth accumulation in the US, using newly collected historical property tax … records since the early 1800s. The US General Property Tax was a comprehensive tax on all types of property (real, personal …. Before the Civil war, enslaved people were assessed as personal property of the enslavers, representing almost one-half of …
Persistent link: https://www.econbiz.de/10014247998