| Project/Area Number |
23730230
|
|---|
| Research Category |
Grant-in-Aid for Young Scientists (B)
|
| Allocation Type | Multi-year Fund |
|---|
| Research Field |
Applied economics
|
|---|
| Research Institution | University of Toyama |
|---|
Principal Investigator |
|
|---|
| Project Period (FY) |
2011 – 2012
|
| Project Status |
Completed (Fiscal Year 2012)
|
| Budget Amount *help |
¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
Fiscal Year 2012: ¥520,000 (Direct Cost: ¥400,000、Indirect Cost: ¥120,000)
Fiscal Year 2011: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
|
|---|
| Keywords | 生前贈与 / 贈与動機 / 住宅ローン / 贈与税 / 生前贈与額 |
|---|
| Research Abstract |
Children may receive monetary transfers from their parents to realize the dream of homeownership. This raises the question of whether transfers received decrease if governments also provide a homeownership-related subsidy. The purpose of this paper is to empirically examine this question, using a sample of the Japanese home-buying households that are subsidized by a mortgage tax deduction （MTD) and a gift tax cut. In the empirical stage, we offer a test of the effect of the homeownership-related subsidieson both the extensive （the probability of receiving transfers) and the intensive （the amount of transfers received) margins. The empirical results appear to indicate that the MTD has a tendency to crowd out transfers on both the extensive and the intensive margins,while the gift tax cut lead to the opposite result
|
