Assessing the role of TIF and LIHTC in an equilibrium model of affordable housing development
Author
Abstract
Suggested Citation
DOI: 10.1016/j.regsciurbeco.2018.06.005
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Paul D. Childs & Timothy J. Riddiough & Alexander J. Triantis, 1996. "Mixed Uses and the Redevelopment Option," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 24(3), pages 317-339, September.
- Baum-Snow, Nathaniel & Marion, Justin, 2009. "The effects of low income housing tax credit developments on neighborhoods," Journal of Public Economics, Elsevier, vol. 93(5-6), pages 654-666, June.
- Konishi, Hideo, 2008.
"Tiebout's tale in spatial economies: Entrepreneurship, self-selection, and efficiency,"
Regional Science and Urban Economics, Elsevier, vol. 38(5), pages 461-477, September.
- Hideo Konishi, 2006. "Tiebout's Tale in Spatial Economies: Entrepreneurship, Self-Selection, and Efficiency," Boston College Working Papers in Economics 655, Boston College Department of Economics, revised 03 Jan 2008.
- Freedman, Matthew & Owens, Emily G., 2011.
"Low-income housing development and crime,"
Journal of Urban Economics, Elsevier, vol. 70(2), pages 115-131.
- Freedman, Matthew & Owens, Emily G., 2011. "Low-income housing development and crime," Journal of Urban Economics, Elsevier, vol. 70(2-3), pages 115-131, September.
- Luque, Jaime, 2013. "Heterogeneous Tiebout communities with private production and anonymous crowding," Regional Science and Urban Economics, Elsevier, vol. 43(1), pages 117-123.
- Charles M. Tiebout, 1956. "A Pure Theory of Local Expenditures," Journal of Political Economy, University of Chicago Press, vol. 64(5), pages 416-416.
- Titman, Sheridan, 1985. "Urban Land Prices under Uncertainty," American Economic Review, American Economic Association, vol. 75(3), pages 505-514, June.
- Malpezzi, Stephen & Vandell, Kerry, 2002. "Does the low-income housing tax credit increase the supply of housing?," Journal of Housing Economics, Elsevier, vol. 11(4), pages 360-380, December.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Eriksen, Michael D. & Lang, Bree J., 2020. "Overview and proposed reforms of the low-income housing tax credit program," Regional Science and Urban Economics, Elsevier, vol. 80(C).
- Lang, Bree J., 2015. "Input distortions in the Low-Income Housing Tax Credit: Evidence from building size," Regional Science and Urban Economics, Elsevier, vol. 52(C), pages 119-128.
- Jaime Luque, 2014. "Wages, local amenities and the rise of the multi-skilled city," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 52(2), pages 457-467, March.
- Olsen, Edgar O. & Zabel, Jeffrey E., 2015. "US Housing Policy," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 887-986, Elsevier.
- Matthew Klesta & Frank Manzo & Francisca Richter & Mark S. Sniderman, 2013. "Low-income-rental-housing programs in the Fourth District," Working Papers (Old Series) 1311, Federal Reserve Bank of Cleveland.
- Hilber, Christian A.L., 2010.
"New housing supply and the dilution of social capital,"
Journal of Urban Economics, Elsevier, vol. 67(3), pages 419-437, May.
- Hilber, Christian A. L., 2007. "New Housing Supply and the Dilution of Social Capital," MPRA Paper 11620, University Library of Munich, Germany, revised 14 Nov 2008.
- Christian A. L. Hilber, 2010. "New Housing Supply and the Dilution of Social Capital," SERC Discussion Papers 0042, Centre for Economic Performance, LSE.
- Hilber, Christian A. L., 2007. "New Housing Supply and the Dilution of Social Capital," MPRA Paper 5134, University Library of Munich, Germany.
- Hilber, Christian A. L., 2007. "New housing supply and the dilution of social capital," LSE Research Online Documents on Economics 3573, London School of Economics and Political Science, LSE Library.
- Nicolai V. Kuminoff & Jaren C. Pope, 2014. "Do “Capitalization Effects” For Public Goods Reveal The Public'S Willingness To Pay?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 55(4), pages 1227-1250, November.
- Christian A. L. Hilber, 2017.
"The Economic Implications of House Price Capitalization: A Synthesis,"
Real Estate Economics, American Real Estate and Urban Economics Association, vol. 45(2), pages 301-339, April.
- Christian A. L. Hilber, 2011. "The Economics Implications of House Price Capitalization: A Synthesis," SERC Discussion Papers 0091, Centre for Economic Performance, LSE.
- Hilber, Christian A. L., 2017. "The economic implications of house price capitalization: a synthesis," LSE Research Online Documents on Economics 62118, London School of Economics and Political Science, LSE Library.
- Hilber, Christian A. L., 2015. "The economic implications of house price capitalization: a synthesis," LSE Research Online Documents on Economics 61774, London School of Economics and Political Science, LSE Library.
- Dokow, Elad & Luque, Jaime, 2019. "Provision of local public goods in mixed income communities," Journal of Housing Economics, Elsevier, vol. 45(C), pages 1-1.
- Lim, Terence & Lo, Andrew W. & Merton, Robert C. & Scholes, Myron S., 2006. "The Derivatives Sourcebook," Foundations and Trends(R) in Finance, now publishers, vol. 1(5–6), pages 365-572, April.
- Jack Favilukis & Pierre Mabille & Stijn Van Nieuwerburgh, 2023.
"Affordable Housing and City Welfare,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 90(1), pages 293-330.
- Jack Favilukis & Pierre Mabille & Stijn Van Nieuwerburgh, 2018. "Affordable Housing and City Welfare," 2018 Meeting Papers 867, Society for Economic Dynamics.
- Jack Favilukis & Pierre Mabille & Stijn Van Nieuwerburgh, 2019. "Affordable Housing and City Welfare," NBER Working Papers 25906, National Bureau of Economic Research, Inc.
- Van Nieuwerburgh, Stijn & Favilukis, Jack & ,, 2019. "Affordable Housing and City Welfare," CEPR Discussion Papers 13758, C.E.P.R. Discussion Papers.
- Allouch, Nizar & Conley, John P. & Wooders, Myrna, 2009.
"Anonymous price taking equilibrium in Tiebout economies with a continuum of agents: Existence and characterization,"
Journal of Mathematical Economics, Elsevier, vol. 45(9-10), pages 492-510, September.
- Nizar Allouch & John P. Conley & Myrna Wooders, 2008. "Anonymous Price Taking Equilibrium in Tiebout Economies with a Continuum of Agents: Existence and Characterization," Vanderbilt University Department of Economics Working Papers 0811, Vanderbilt University Department of Economics.
- James D. Shilling & Kerry D. Vandell & Ruslan Koesman & Zhenguo Lin, 2006. "How Tax Credits Have Affected the Rehabilitation of the Boston Office Market," Journal of Real Estate Research, American Real Estate Society, vol. 28(4), pages 321-348.
- Eerola, Essi & Saarimaa, Tuukka, 2018.
"Delivering affordable housing and neighborhood quality: A comparison of place- and tenant-based programs,"
Journal of Housing Economics, Elsevier, vol. 42(C), pages 44-54.
- Essi Eerola & Tuukka Saarimaa, 2017. "Delivering Affordable Housing and Neighborhood Quality: A Comparison of Place- and Tenant-Based Programs," CESifo Working Paper Series 6674, CESifo.
- Shijun Jia & Yourong Wang & Gang-Zhi Fan, 2018. "Home-Purchase Limits and Housing Prices: Evidence from China," The Journal of Real Estate Finance and Economics, Springer, vol. 56(3), pages 386-409, April.
- Mihir Desai & Dhammika Dharmapala & Monica Singhal, 2010.
"Tax Incentives for Affordable Housing: The Low Income Housing Tax Credit,"
NBER Chapters, in: Tax Policy and the Economy, Volume 24, pages 181-205,
National Bureau of Economic Research, Inc.
- Mihir A. Desai & Dhammika Dharmapala & Monica Singhal, 2008. "Tax Incentives for Affordable Housing: The Low Income Housing Tax Credit," NBER Working Papers 14149, National Bureau of Economic Research, Inc.
- Singhal, Monica & Dharmapala, Dhammika & Desai, Mihir A., 2010. "Tax Incentives for Affordable Housing: The Low Income Housing Tax Credit," Scholarly Articles 10611680, Harvard Kennedy School of Government.
- Luque, Jaime, 2013. "Heterogeneous Tiebout communities with private production and anonymous crowding," Regional Science and Urban Economics, Elsevier, vol. 43(1), pages 117-123.
- Eerola, Essi & Saarimaa, Tuukka, 2015.
"Who Benefits from Public Housing?,"
Working Papers
68, VATT Institute for Economic Research.
- Eerola, Essi & Saarimaa, Tuukka, 2015. "Who benefits from public housing?," Bank of Finland Research Discussion Papers 30/2015, Bank of Finland.
- Hideo Konishi, 2010.
"Efficient Mixed Clubs: Nonlinear‐Pricing Equilibria With Entrepreneurial Managers,"
The Japanese Economic Review, Japanese Economic Association, vol. 61(1), pages 35-63, March.
- Hideo Konishi, 2009. "Efficient Mixed Clubs: Nonlinear-Pricing Equilibria with Entrepreneurial Managers," Boston College Working Papers in Economics 710, Boston College Department of Economics, revised 08 Sep 2009.
- Tan Lee & Jyh-Bang Jou, 2010. "Urban Spatial Development: a Real Options Approach," The Journal of Real Estate Finance and Economics, Springer, vol. 40(2), pages 161-187, February.
More about this item
Keywords
Affordable housing development; Tax Incremental Financing (TIF); Low Income Housing Tax Credit (LIHTC); “But for” test; Equity; Debt;All these keywords.
JEL classification:
- D52 - Microeconomics - - General Equilibrium and Disequilibrium - - - Incomplete Markets
- D53 - Microeconomics - - General Equilibrium and Disequilibrium - - - Financial Markets
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
- G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
- G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:regeco:v:80:y:2020:i:c:s0166046217303277. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/regec .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.