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Transfer taxes and household mobility: Distortion on the housing or labor market?
(Elsevier, 2017)
We estimate the effect of the UK Stamp Duty Land Tax (SDLT) – a transfer tax on the purchase price of property or land – on different types of household mobility using micro data. Exploiting a discontinuity in the tax ...
Best Education Money Can Buy? Capitalization of School Quality in Finland
(Oxford University Press, 2018)
By international comparison, Finnish pupil achievement is high and school achievement differences small. The Finnish education system is unusual also because there are no national testing programmes, and information on ...
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, ...
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 ...
JUE insight: City-wide effects of new housing supply: Evidence from moving chains
(Elsevier, 2023-01-07)
We study the city-wide effects of new, centrally-located market-rate housing supply using geo-coded population-wide register data from the Helsinki Metropolitan Area. The supply of new market rate units triggers moving ...