| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w17166 |
| 来源ID | Working Paper 17166 |
| How Do Mortgage Subsidies Affect Home Ownership? Evidence from the Mid-century GI Bills | |
| Daniel K. Fetter | |
| 发表日期 | 2011-06-23 |
| 出版年 | 2011 |
| 语种 | 英语 |
| 摘要 | The largest 20th-century increase in U.S. home ownership occurred between 1940 and 1960, associated largely with declining age at first ownership. I shed light on the contribution of coincident government mortgage market interventions by examining home loan benefits granted under the World War II and Korean War GI Bills. The impact of veterans' housing benefits on home ownership is positive for young men, and declines with age. Veterans' benefits increased aggregate home ownership rates primarily by shifting purchase earlier in life, explaining 7.4 percent of the overall 1940-60 increase and 25 percent of the increase for affected cohorts. A rough extrapolation suggests that broader changes in mortgage terms may explain 40 percent of the 1940-60 increase. |
| 主题 | History ; Financial History ; Other History ; Regional and Urban Economics |
| URL | https://www.nber.org/papers/w17166 |
| 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/574841 |
| 推荐引用方式 GB/T 7714 | Daniel K. Fetter. How Do Mortgage Subsidies Affect Home Ownership? Evidence from the Mid-century GI Bills. 2011. |
| 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 | ||
| w17166.pdf（667KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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