Examining Policies to Reduce Homelessness Using a General Equilibrium Model of the Housing Market

Erin Mansur, John Quigley, Steven Raphael and Eugene Smolensky

Berkeley Program on Housing and Urban Policy, Working Paper Series from Berkeley Program on Housing and Urban Policy

Abstract: In this paper, we use a general equilibrium simulation model to assess the potential impacts on homelessness of various housing-market policy interventions. We calibrate the model to the four largest metropolitan areas in California. We explore the welfare con- sequences and the effects on homelessness of three housing-market policy interventions: extending housing vouchers to all low-income households, subsidizing all landlords, and subsidizing those landlords who supply low-income housing. Our results suggest that a very large fraction of homelessness can be eliminated through increased reliance upon well-known housing subsidy policies.

Keywords: homelessness; housing-market simulation; general equilibrium, Social and Behavioral Sciences (search for similar items in EconPapers)
Date: 2003-05-12
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Journal Article: Examining policies to reduce homelessness using a general equilibrium model of the housing market (2002)
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