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| Title: | 台灣實施囤房稅政策之動態隨機一般均衡模型分析
Home Hoarding Tax Policy in Taiwan: A Dynamic Stochastic General Equilibrium Analysis |
| Authors: | 徐曼薰
Hsu, Man-Hsuan |
| Contributors: | 朱琇妍
徐曼薰
Hsu, Man-Hsuan |
| Keywords: | 動態隨機一般均衡模型
房價
囤房稅
移轉稅
升息政策
DEGE model
Housing prices
Home Hoarding Tax
Transfer tax
Contractionary monetary policy |
| Date: | 2022 |
| Issue Date: | 2023-03-09 18:53:29 (UTC+8) |
| Abstract: | 台灣的房價日益攀升，為了落實居住正義，許多縣市政府自2022年7月1日起，調高囤房稅的稅率，期望能達到平抑房價，以及促進多屋族釋出餘屋的政策效果。本研究建立一個開放經濟動態隨機一般均衡(Dynamic Stochastic General Equilibrium, DSGE)模型，分析實施囤房稅政策對台灣房屋市場的影響，並將囤房稅政策與其他房屋政策作比較。研究結果顯示，實施囤房稅政策以及移轉稅政策能有效抑制儲蓄者的囤房行為，也能發揮抑制房價與地價的效果。央行實施升息政策同樣也能達到平抑房價與地價的效果，但缺點是儲蓄者仍會有囤房行為，調高借款利息反而造成有居住需求的借款者降低購屋意願。所有房屋政策中，囤房稅政策最能兼顧房價合理化及借款者的購屋需求。
Housing prices in Taiwan are rising. In order to implement housing justice, many county and city governments have increased the home hoarding tax rates since July 1, 2022, aiming to stabilize housing prices and promote the release of wealthy families’ redundant housing. This paper develops an open-economy Dynamic Stochastic General Equilibrium (DSGE) model to analyze the impact of implementing a home hoarding tax policy on Taiwan`s housing market, and compares its effects with other housing policies. The research results indicate that the implementation of the home hoarding tax policy and the transfer tax policy can effectively curb savers’ residential housing consumption, and depress housing prices and land prices. The central bank`s contractionary monetary policy can also stabilize housing prices and land prices, but the disadvantage is that savers still have home hoarding behavior, and an increase in loan rates makes borrowers reduce their demand for houses. Among all the housing policies, the home hoarding tax policy takes the borrowers’ purchase intention of residential housing into account and can fairly moderate housing prices. |
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| Description: | 碩士
國立政治大學
財政學系
109255001 |
| Source URI: | http://thesis.lib.nccu.edu.tw/record/#G0109255001 |
| Data Type: | thesis |
| Appears in Collections: | [財政學系] 學位論文
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| 500101.pdf | | 4985Kb | Adobe PDF2 | 135 | View/Open |
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