Taxes and allowances in a dynamic equilibrium model of urban housing with a size-quality hierarchy

Regional Science and Urban Economics

Volumn 27, Issue 4-5, 1997, Pages 547-580

  Anas, Alex ^a   Arnott, Richard J ^b  

^a UNIVERSITY AT BUFFALO   (United States)

^b NONE

Author keywords

Computable general equilibrium; Cost benefit analysis; Housing demand; Intertemporal choice and asset pricing; Supply and markets

Indexed keywords

EID: 0005190839     PISSN: 01660462     EISSN: None     Source Type: Journal    
DOI: 10.1016/s0166-0462(97)80009-9     Document Type: Article

References (26)

1. Anas, A. and R.J. Arnott, 1991, Dynamic Housing Market Equilibrium with Taste Heterogeneity, Idiosyncratic Perfect Foresight and Stock Conversions, Journal of Housing Economics 1, 2-32.
2. Anas, A. and R.J. Arnott, 1993a, Technological Progress in a Model of the Housing-Land Cycle, Journal of Urban Economics 34, 186-206.
3. Anas, A. and R.J. Arnott, 1993b, Development and Testing of the Chicago Prototype Housing Market Model, Journal of Housing Research 4, 73-130.
4. Anas, A. and R.J. Arnott, 1993c, A Fall in Construction Costs Can Raise Housing Rents, Economics Letters 41, 221-224.
5. Anas, A. and R.J. Arnott, 1994, The Chicago Prototype Housing Market Model with Tenure Choice and Its Policy Applications, Journal of Housing Research 5, 23-90.
6. Anas, A. and R.J. Arnott, 1995, Taxes and Allowances in a Dynamic Equilibrium Model of Urban Housing with a Size-Quality Hierarchy, Working Paper, Department of Economics, Boston College.
7. Anas, A. and C. Chu, 1984, Discrete Choice Models and the Housing Price and Travel to Work Elasticities of Location Demand, Journal of Urban Economics 15, 107-123.
8. Berkovec, J. and D. Fullerton, 1992, A General Equilibrium Model of Housing, Taxes and Portfolio Choices, Journal of Political Economy 100, 390-429.
9. Braid, R., 1986, The Comparative Statics of a Filtering Model of Housing with Two Income Groups, Regional Science and Urban Economics 16, 437-448.
10. Carlton, D. and J. Ferreira, 1977, Selecting Subsidy Strategies for Housing Allowance Programs, Journal of Urban Economics 4, 221-247.
11. deLeeuw, F. and R.J. Struyk, 1977, Analyzing Housing Policies with the Urban Institute Housing Market Model, in: G.K. Ingram, ed., Residential Location and Urban Housing Markets (National Bureau of Economic Research, Cambridge MA) Chapter 7.
12. Fullerton, D. and R. Gordon, 1983, A Reexamination of Tax Distortions in General Equilibrium Models, in: M. Feldstein, ed., Behavioral Simulation Models in Tax Policy Analysis (University of Chicago Press, Chicago).
13. Hanushek, E. and J.M. Quigley, 1981, Consumption Aspects, in: K.L. Bradbury and A. Downs, eds., Do Housing Allowances Work? (Brookings Institution, Washington DC) 185-240.
14. Kain, J.F., W.C. Apgar Jr. and J.R. Ginn, 1976, Simulation of the Market Effects of Housing Allowances, Vol. I, Description of the NBER Urban Simulation Model (Harvard University, Cambridge, MA).
15. Lerman, S.R., 1977, Location, Housing and Automobile Ownership and Mode to Work: A Joint Choice Model, Transporation Research Record, 610.
16. Mayo, S.K., 1981, Theory and Estimation in the Economics of Housing Demand, Journal of Urban Economics 10, 95-116.
17. Mercenier, J. and P. Michel, 1994, Discrete-Time Finite Horizon Approximation of Infinite Horizon Optimization Problems with Steady-State Invariance, Econometrica 62, 635-656.
18. Ohls, J.C., 1975, Public Policy Toward Low-Income Housing and Filtering in Housing Markets, Journal of Urban Economics 2, 144-171.
19. Poterba, J., 1984, Tax Subsidies to Owner-Occupied Housing: An Asset-Market Approach, Quarterly Journal of Economics 98, 729-752.
20. Rosen, H.S., 1985, Housing Subsidies: Effects on Housing Decisions, Efficiency and Equity, in: A. Auerbach and M. Feldstein, eds., Handbook of Public Economics, Vol. 1 (North-Holland Amsterdam).
21. Samuelson, P., 1964, Tax Deductibility of Economic Depreciation and Invariant Valuation, Journal of Political Economy 72, 604-606.
22. Small, K.A. and H.S. Rosen, 1981, Applied Welfare Economics with Discrete Choice Models, Econometrica 49, 105-130.
23. Smith, B.A., 1976, The Supply of Urban Housing, Quarterly Journal of Economics 90, 389-405.
24. Sweeney, J.L., 1974a, Quality, Commodity Hierarchies and Housing Markets, Econometrica 49, 147-167.
25. Sweeney, J.L., 1974b, A Commodity Hierarchy Model of the Rental Housing Market, Journal of Urban Economics 1, 288-323.
26. Vanski, J. and L. Ozanne, 1978, Simulating the Housing Allowance Program in Green Bay and South Bend: A Comparison of the Urban Institute Housing Model and the Supply Experiment (The Urban Institute, Washington DC).