Economic well-being and distributional effects of housing-related policies in 3 European countries

Publication type

Research Paper

Series Number

31

Series

GINI Discussion Paper Series

Author

Publication date

July 15, 2012

Summary:

This paper evaluates the redistributive effect of a comprehensive set of housing-related policies, taking into account the housing advantage of homeowners and social tenants. We use the Euromod microsimulation model to simulate housing policies in Estonia, Italy and the United Kingdom. Disentangling the contribution to inequality and poverty of each housing-related policy, we find that the current design of property taxes is not progressive and that other housing policies have a limited impact on inequality in Estonia and on both inequality and relative poverty in Italy. In all three countries, housing-related policies favor the elderly.

Subjects

Link

http://ideas.repec.org/p/aia/ginidp/31.html

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