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Nonlinear budget constraints and estimation: effects of subsidized home loans on floor space decisions in Japan

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  • Seko, Miki

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  • Seko, Miki, 2002. "Nonlinear budget constraints and estimation: effects of subsidized home loans on floor space decisions in Japan," Journal of Housing Economics, Elsevier, vol. 11(3), pages 280-299, September.
    • Handle: RePEc:eee:jhouse:v:11:y:2002:i:3:p:280-299
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    1. Arthur van Soest & Isolde Woittiez & Arie Kapteyn, 1990. "Labor Supply, Income Taxes, and Hours Restrictions in the Netherlands," Journal of Human Resources, University of Wisconsin Press, vol. 25(3), pages 517-558.
    2. Miki Seko, 1999. "Property Taxation and the Demand for Floor Space in Japan," International Real Estate Review, Global Social Science Institute, vol. 2(1), pages 35-48.
    3. Hoyt, William H. & Rosenthal, Stuart S., 1992. "Owner-occupied housing, capital gains, and the Tax Reform Act of 1986," Journal of Urban Economics, Elsevier, vol. 32(2), pages 119-139, September.
    4. Deaton,Angus & Muellbauer,John, 1980. "Economics and Consumer Behavior," Cambridge Books, Cambridge University Press, number 9780521296762.
    5. Hansson Brusewitz, Urban, 1998. "Self-Selectivity and Kinked Budget Constraints: The Demand for Housing in Sweden," Journal of Housing Economics, Elsevier, vol. 7(3), pages 243-273, September.
    6. Olsen, Edgar O., 1987. "The demand and supply of housing service: A critical survey of the empirical literature," Handbook of Regional and Urban Economics, in: E. S. Mills (ed.), Handbook of Regional and Urban Economics, edition 1, volume 2, chapter 25, pages 989-1022, Elsevier.
    7. Martin Feldstein, 1983. "Behavioral Simulation Methods in Tax Policy Analysis," NBER Books, National Bureau of Economic Research, Inc, number feld83-2, March.
    8. Jerry A. Hausman, 1983. "Stochastic Problems in the Simulation of Labor Supply," NBER Chapters, in: Behavioral Simulation Methods in Tax Policy Analysis, pages 47-82, National Bureau of Economic Research, Inc.
    9. MacRae, C. Duncan & Turner, Margery Austin, 1981. "Estimating demand for owner-occupied housing subject to the income tax," Journal of Urban Economics, Elsevier, vol. 10(3), pages 338-356, November.
    10. Yukio Noguchi & James M. Poterba, 1994. "Housing Markets in the United States and Japan," NBER Books, National Bureau of Economic Research, Inc, number nogu94-2, March.
    11. MaCurdy, Thomas, 1992. "Work Disincentive Effects of Taxes: A Reexamination of Some Evidence," American Economic Review, American Economic Association, vol. 82(2), pages 243-249, May.
    12. Jerry A. Hausman & David A. Wise, 1980. "Discontinuous Budget Constraints and Estimation: The Demand for Housing," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 47(1), pages 75-96.
    13. Seko, Miki, 1993. "Effects of Subsidized Home Loans on Housing Decisions and Efficiency in Japan: Tradeoff between Quality and Quantity," The Journal of Real Estate Finance and Economics, Springer, vol. 6(1), pages 5-23, January.
    14. Hoyt, William H & Rosenthal, Stuart S, 1990. "Capital Gains Taxation and the Demand for Owner-Occupied Housing," The Review of Economics and Statistics, MIT Press, vol. 72(1), pages 45-54, February.
    15. Hausman, Jerry A., 1979. "The econometrics of labor supply on convex budget sets," Economics Letters, Elsevier, vol. 3(2), pages 171-174.
    16. Moffitt, Robert, 1986. "The Econometrics of Piecewise-Linear Budget Constraints: A Survey and Exposition of the Maximum Likelihood Method," Journal of Business & Economic Statistics, American Statistical Association, vol. 4(3), pages 317-328, July.
    17. Venti, Steven F. & Wise, David A., 1984. "Moving and housing expenditure: Transaction costs and disequilibrium," Journal of Public Economics, Elsevier, vol. 23(1-2), pages 207-243.
    18. Blomquist, N. Soren, 1983. "The effect of income taxation on the labor supply of married men in Sweden," Journal of Public Economics, Elsevier, vol. 22(2), pages 169-197, November.
    19. Hausman, Jerry A, 1985. "The Econometrics of Nonlinear Budget Sets," Econometrica, Econometric Society, vol. 53(6), pages 1255-1282, November.
    20. Jerry A. Hausman, 1980. "The Effect of Wages, Taxes, and Fixed Costs on Women's Labor Force Participation," NBER Chapters, in: Econometric Studies in Public Finance, pages 161-194, National Bureau of Economic Research, Inc.
    21. Miki Seko, 1994. "Housing Finance in Japan," NBER Chapters, in: Housing Markets in the United States and Japan, pages 49-64, National Bureau of Economic Research, Inc.
    22. Seko, M., 1996. "Nonlinear Budget Constraints and Estimation: Effects of Subsidized Home Loans on Housing Decisions in Japan," ISER Discussion Paper 0400, Institute of Social and Economic Research, Osaka University.
    23. Moffitt, Robert, 1990. "The Econometrics of Kinked Budget Constraints," Journal of Economic Perspectives, American Economic Association, vol. 4(2), pages 119-139, Spring.
    24. Hausman, Jerry A, 1981. "Exact Consumer's Surplus and Deadweight Loss," American Economic Review, American Economic Association, vol. 71(4), pages 662-676, September.
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    Cited by:

    1. Peter Englund, 2003. "Taxing Residential Housing Capital," Urban Studies, Urban Studies Journal Limited, vol. 40(5-6), pages 937-952, May.
    2. Bilbao, Amelia & Bilbao, Celia & Labeaga, Jose M., 2007. "A method for evaluating the excess burden associated with characteristics of the goods," Economics Letters, Elsevier, vol. 96(2), pages 209-214, August.
    3. Amelia Bilbao & Celia Bilbao & José M. Labeaga, "undated". "The excess burden associated to characteristics of the goods: Application to housing demand," Working Papers 2005-09, FEDEA.
    4. Mototsugu Fukushige & Noriko Ishikawa, 2013. "Targeted Standards for Floor Space in a Government Housing Plan: an Empirical Investigation of the Kanto Area in Japan," International Real Estate Review, Global Social Science Institute, vol. 16(2), pages 208-229.

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