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 |