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Welfare effects of rent control — A comparison of redistributive policies

In this paper we compare the welfare effects of rent control, linking properties' rental prices to purchase prices, to the most standard redistribution policy, an increase in tax financed transfers to the less wealthy. We calibrate a general equilibrium model with heterogeneous agents, which... Full description

1st Person: Martin Micheli
Additional Persons: Torsten Schmidt
Source: in Economic modelling Vol. 48 (2014), p. 237
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Type of Publication: Article
Language: English
Published: 2014
Online: Volltext
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