Publication type
Journal Article
Author
Publication date
June 1, 2013
Summary:
Housing policies are a complex set of taxes, benefits and incentives. 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. Only in the UK are housing policies more important than imputed rent in reducing inequality and poverty. In all three countries, housing-related policies favor the elderly. Although the United Kingdom has the most effective system of housing policies, Estonia seems to have the most efficient one.
Published in
Baltic Journal of Economics
Volume and page numbers
Volume: 13 , p.35 -58
ISSN
1406099
Subjects
Links
http://ideas.repec.org/a/bic/journl/v13y2013i2p35-58.html
Notes
Albert Sloman Library Periodicals *restricted to Univ. Essex registered users*
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