Main variables

LPM (I)

LPM (II)

Logit (III)

Probit (IV)

Probit (V)

ln(tax price)

−0.1413***

−0.0155***

−0.0932***

−0.2254***

−0.1418***

(0.0145)

(0.0015)

(0.0353)

(0.0095)

(0.0057)

ln(income)

−0.0058

0.0050***

0.1344***

0.0127**

0.0141***

(0.0189)

(0.0007)

(0.0233)

(0.0060)

(0.0030)

Other variables

Number of children = 1

−0.0042

(0.0039)

0.0190***

(0.0026)

0.4396***

(0.0808)

0.1757***

(0.0085)

0.1909***

(0.0083)

Number of children = 2

−0.0216***

(0.0080)

0.0396***

(0.0034)

0.7564***

(0.1029)

0.3018***

(0.0092)

0.3421***

(0.0082)

Number of children > 2

−0.0404***

(0.0120)

0.0528***

(0.0051)

1.0319***

(0.1459)

0.3902***

(0.0126)

0.4508***

(0.0110)

Age²

−0.0005***

(0.0000)

−0.0006***

(0.0000)

0.0004

(0.0006)

−0.0002***

(0.0000)

−0.0002***

(0.0000)

ln(renting and leasing)

0.0009**

(0.0004)

0.0008**

(0.0004)

0.0232**

(0.0107)

−0.0116***

(0.0008)

−0.0110***

(0.0008)

ln(dividends and interests)

0.0028***

(0.0005)

0.0025***

(0.0002)

0.0536***

(0.0071)

−0.0058***

(0.0010)

−0.0056***

(0.0009)

Instrumenting

Yes

No

No

Yes

No

Individual fixed effects

Yes

Yes

Yes

No

No

Year fixed effects

Yes

Yes

Yes

Yes

Yes

Observations

289,247

289,247

75,586

289,247

289,247