| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w1168 |
| 来源ID | Working Paper 1168 |
| Housing Tenure, Uncertainty, and Taxation | |
| Harvey S. Rosen; Kenneth T. Rosen; Douglas Holtz-Eakin | |
| 发表日期 | 1983-07-01 |
| 出版年 | 1983 |
| 语种 | 英语 |
| 摘要 | Modern empirical work on the choice between renting and owning focuses on the concept of the "user cost" of housing, which integrates into a single measure the various components of housing costs. The standard approach implicitly assumes that households know the user cost of housing with certainty. However, the ex post user cost measure exhibits substantial variability over time, and it is highly unlikely that individuals believe themselves able to forecast these fluctuations with certainty. In this paper, we construct and estimate a model of the tenure choice that explicitly allows for the effects of uncertainty. The results suggest that previous work which ignored uncertainty may have overstated the effects of the income tax system upon the tenure choice. |
| 主题 | Macroeconomics |
| URL | https://www.nber.org/papers/w1168 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/558391 |
| 推荐引用方式 GB/T 7714 | Harvey S. Rosen,Kenneth T. Rosen,Douglas Holtz-Eakin. Housing Tenure, Uncertainty, and Taxation. 1983. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w1168.pdf（439KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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