Tax Increment Financing and the Great Recession

Richard F. Dye, David Merriman () and Katherine Goulde

National Tax Journal, 2014, vol. 67, issue 3, 697-718

Abstract: The Great Recession was accompanied by a large decline in real estate values. Tax increment fnancing (TIF) allocates future property tax growth to promote local real estate development and is thus particularly vulnerable to real estate market shocks. Data on the growth of TIF increments before, during, and after the recession is examined for Illinois and Nebraska. In both states there was rapid growth in TIF increments before the onset of the recession. There was a large decline post-onset that is very apparent in Illinois, but not as sharp or obvious in Nebraska.

Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://doi.org/10.17310/ntj.2014.3.08 (application/pdf)
https://doi.org/10.17310/ntj.2014.3.08 (text/html)
Access is restricted to subscribers and members of the National Tax Association.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ntj:journl:v:67:y:2014:i:3:p:697-718

Access Statistics for this article

National Tax Journal is currently edited by Stacy Dickert-Conlin and William M. Gentry

More articles in National Tax Journal from National Tax Association, National Tax Journal Contact information at EDIRC.
Bibliographic data for series maintained by The University of Chicago Press ().