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Effets économiques des aides personnelles au logement

Didier Cornuel and Francis Calcoen

Economie & Prévision, 2005, vol. n° 169-170-171, issue 3, 211-226

Abstract: Weusemicroeconomicanalysistodeterminetheimpactofpersonalhousingallowancesontenantbehaviorandonthemarket.The minimum and maximum housing expenses defined in the schedule induce discontinuities in the demand function. As a result, the subsidy?initially earmarked for housing consumption ? tends to become a general income subsidy. Turning to the market, we use contract theory to assess (1) potential discrimination by suppliers between benefit recipients and non-recipients, and (2) suppliers? capture of the subsidy. This conceptualization makes it possible to explain certain market-segmentation phenomena and predict likely trends. It views the allowances in the context of housing-policy goals.

Keywords: personal housing allowances; housing market segmentation; demand discrimination (search for similar items in EconPapers)
Date: 2005
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