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GINI DP 31: Economic Well-Being and Distributional Effects of Housing-Related Policies in 3 European Countries

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  • Virginia Maestri

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Abstract

This paper evaluates the redistributive effect of a comprehensive set of housing-related policies, taking into account the housing advantage of homeowners and social tenants. We use the Euromod microsimulation model to simulate housing policies in Estonia, Italy and the United Kingdom. Disentangling the contribution to inequality and poverty of each housing-related policy, we find that the current design of property taxes is not progressive and that other housing policies have a limited impact on inequality in Estonia and on both inequality and relative poverty in Italy. In all three countries, housing-related policies favor the elderly.

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Bibliographic Info

Paper provided by AIAS, Amsterdam Institute for Advanced Labour Studies in its series GINI Discussion Papers with number 31.

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Date of creation: Jul 2012
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Handle: RePEc:aia:ginidp:31

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Related research

Keywords: Housing policies; Imputed rent; Inequality; Microsimulation JEL: H23; H53; I38;

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  1. Dan Andrews & Aida Caldera Sánchez & Åsa Johansson, 2011. "Housing Markets and Structural Policies in OECD Countries," OECD Economics Department Working Papers 836, OECD Publishing.
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