Housing Finance in the United States in the Year 2001
Patric Hendershott and
Kevin E. Villani
No 739, NBER Working Papers from National Bureau of Economic Research, Inc
Abstract:
This paper proceeds as follows. We first identify the essential services provided by a financial system and then derive the characteristics of the system that would exist in a technologically advanced society unfettered by nonneutral taxes and regulations. Next we consider how taxes and regulations have shaped the existing American financial structure. Finally, we posit likely tax and regulatory changes and conjecture as to how technological innovation will further interact with these changes to alter the American financial system. Our basic contentions are that the tax and regulatory influences are eroding and that the system will eventually move toward the unfettered financial system described in the first section.
Date: 1981-08
Note: ME
References: View references in EconPapers View complete reference list from CitEc
Citations:
Published as in "North American Housing Markets into the 21st Century", edited by Gau and Goldberg. Aisterdam: North-Holland, (1983), pp . 181-202.
Downloads: (external link)
http://www.nber.org/papers/w0739.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:0739
Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w0739
Access Statistics for this paper
More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().