Fiscal equalization through the allocation of central government grants may have adverse distributional implications if these grants capitalize into house values. →
Fiscal equalization through the allocation of central government grants may have adverse distributional implications if these grants capitalize into house values. →
We explore the impact of central government grants on local house prices in England using a panel data set of local authorities (LAs) from 2001 to 2008. →
We explore the impact of central government grants on local house prices in England using a panel data set of local authorities (LAs) from 2001 to 2008. →