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Taxes and Allowances in a Dynamic Equilibrium Model of Urban Housing with a Size-Quality Hierarchy

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  • Richard Arnott

    (Boston College)

  • Alex Anas

    (SUNY-Buffalo)

Abstract

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  • Richard Arnott & Alex Anas, 1995. "Taxes and Allowances in a Dynamic Equilibrium Model of Urban Housing with a Size-Quality Hierarchy," Boston College Working Papers in Economics 309., Boston College Department of Economics.
    • Handle: RePEc:boc:bocoec:309
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    1. Don Fullerton & Roger H. Gordon, 1983. "A Reexamination of Tax Distortions in General Equilibrium Models," NBER Chapters, in: Behavioral Simulation Methods in Tax Policy Analysis, pages 369-426, National Bureau of Economic Research, Inc.
    2. Small, Kenneth A & Rosen, Harvey S, 1981. "Applied Welfare Economics with Discrete Choice Models," Econometrica, Econometric Society, vol. 49(1), pages 105-130, January.
    3. Paul A. Samuelson, 1964. "Tax Deductibility of Economic Depreciation to Insure Invariant Valuations," Journal of Political Economy, University of Chicago Press, vol. 72, pages 604-604.
    4. Sweeney, James L., 1974. "A commodity hierarchy model of the rental housing market," Journal of Urban Economics, Elsevier, vol. 1(3), pages 288-323, July.
    5. Anas, Alex & Chu, Chaushie, 1984. "Discrete choice models and the housing price and travel to work elasticities of location demand," Journal of Urban Economics, Elsevier, vol. 15(1), pages 107-123, January.
    6. Rosen, Harvey S., 1985. "Housing subsidies: Effects on housing decisions, efficiency, and equity," Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 1, chapter 7, pages 375-420, Elsevier.
    7. Ohls, James C., 1975. "Public policy toward low income housing and filtering in housing markets," Journal of Urban Economics, Elsevier, vol. 2(2), pages 144-171, April.
    8. Barton A. Smith, 1976. "The Supply of Urban Housing," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 90(3), pages 389-405.
    9. Anas Alex & Arnott Richard J., 1993. "Technological Progress in a Model of the Housing - Land Cycle," Journal of Urban Economics, Elsevier, vol. 34(2), pages 186-206, September.
    10. Carlton, Dennis W. & Ferreira, Joseph Jr., 1977. "Selecting subsidy strategies for housing allowance programs," Journal of Urban Economics, Elsevier, vol. 4(3), pages 221-247, July.
    11. Sweeney, James L, 1974. "Quality, Commodity Hierarchies, and Housing Markets," Econometrica, Econometric Society, vol. 42(1), pages 147-167, January.
    12. Mercenier, Jean & Michel, Philippe, 1994. "Discrete-Time Finite Horizon Appromixation of Infinite Horizon Optimization Problems with Steady-State Invariance," Econometrica, Econometric Society, vol. 62(3), pages 635-656, May.
    13. James M. Poterba, 1984. "Tax Subsidies to Owner-Occupied Housing: An Asset-Market Approach," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 99(4), pages 729-752.
    14. Braid, Ralph M., 1986. "The comparative statics of a filtering model of housing with two income groups," Regional Science and Urban Economics, Elsevier, vol. 16(3), pages 437-448, August.
    15. Anas, Alex & Arnott, Richard J., 1993. "A fall in construction costs can raise housing rents," Economics Letters, Elsevier, vol. 41(2), pages 221-224.
    16. Mayo, Stephen K., 1981. "Theory and estimation in the economics of housing demand," Journal of Urban Economics, Elsevier, vol. 10(1), pages 95-116, July.
    17. Berkovec, James & Fullerton, Don, 1992. "A General Equilibrium Model of Housing, Taxes, and Portfolio Choice," Journal of Political Economy, University of Chicago Press, vol. 100(2), pages 390-429, April.
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    Citations

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    Cited by:

    1. Alex Anas, 2013. "Commentary," Environment and Planning B, , vol. 40(6), pages 955-958, December.
    2. Mansur, Erin T. & Quigley, John M. & Raphael, Steven & Smolensky, Eugene, 2002. "Examining policies to reduce homelessness using a general equilibrium model of the housing market," Journal of Urban Economics, Elsevier, vol. 52(2), pages 316-340, September.
    3. Gibb, Kenneth, 2000. "Modelling Housing Choice and Demand in a Social Housing System: The Case of Glasgow," Berkeley Program on Housing and Urban Policy, Working Paper Series qt40j453z6, Berkeley Program on Housing and Urban Policy.
    4. Alexandra Kröll & Oliver Farhauer, 2016. "Examining homelessness in Germany: The impact of regional housing market conditions on homelessness in North Rhine-Westphalia, Germany," Papers in Regional Science, Wiley Blackwell, vol. 95, pages 51-69, March.
    5. Alex Anas & Richard Arnott, 2004. "Moving costs, security of tenure and eviction," Urban/Regional 0408005, University Library of Munich, Germany.
    6. Alex Anas, 2003. "Taxes on Buildings and Land in a Dynamic Model of Real Estate Markets," Urban/Regional 0302004, University Library of Munich, Germany.
    7. Kenneth Gibb & Geoff Meen & Daniel Mackay, 2001. "Choice and Demand in a Social Housing System: Policy Simulations for Glasgow," ERES eres2001_172, European Real Estate Society (ERES).
    8. Alex Anas, 2013. "A Summary of the Applications to Date of RELU-TRAN, a Microeconomic Urban Computable General Equilibrium Model," Environment and Planning B, , vol. 40(6), pages 959-970, December.
    9. Quigley, John M. & Raphael, Steven & Smolensky, Eugene, 2001. "Homelessness in California," Berkeley Program on Housing and Urban Policy, Working Paper Series qt2pg3f4ns, Berkeley Program on Housing and Urban Policy.
    10. David Meen & Geoffrey Meen, 2003. "Social Behaviour as a Basis for Modelling the Urban Housing Market: A Review," Urban Studies, Urban Studies Journal Limited, vol. 40(5-6), pages 917-935, May.

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    More about this item

    Keywords

    income tax; property tax; housing allowance; housing;
    All these keywords.

    JEL classification:

    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise

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