Haku
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Housing Allowance and Rents: Evidence from a Stepwise Subsidy Scheme
(Wiley, 2021)
In this paper, we study the effect of housing demand subsidies on rents using discontinuities in the Finnish housing allowance system as a quasi‐experimental setting. The stepwise dependence of housing allowance on the ...
On the role of public price information in housing markets
(Elsevier, 2015)
This paper studies the impact of disclosing detailed house price information on the functioning of the housing market. We first study the effects of increased information on market outcomes in a theoretical framework where ...
Delivering affordable housing and neighborhood quality: A comparison of place- and tenant-based programs
(Elsevier, 2018)
This paper analyzes the relative merits of large place- and tenant-based housing programs in Finland in terms of housing affordability and neighborhood quality. Using hedonic regression methods and household micro data, ...
Macroprudential measures in the housing markets – a note on the empirical literature
(Emerald, 2017)
Purpose:
The global financial crisis has led to increased attention on the relationship of household indebtedness and systemic risks. As a result, macroprudential measures aimed at reducing the risks have been introduced ...
Borrowing constraints and housing market liquidity
(Elsevier, 2018)
We study how changes in household borrowing constraints influence housing market liquidity. To this end, we develop a housing market model with both matching and credit frictions. In the model, risk-averse households may ...
Low-income housing policies: affordability and integration
(Nordic Council of Ministers, 2021)
I review the literature on housing policies intended to improve the housing conditions of low-income households and discuss the conclusions that can be drawn from the literature. I distinguish between tenant-based programs ...
Revisiting the effects of housing transfer taxes
(Elsevier, 2021)
Housing transfer taxes are fiscally important in many countries despite evidence of substantial welfare costs. We argue that the welfare costs are larger than previously thought because previous studies ignore spillovers ...