Housing Taxation and Capital Accumulation

By Martin Gervais. 2002

344 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/721776e067ab4264b3da0c54d839cb70df6ce5b7

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Citations in the corpus

Implications of US Tax Policy for House Prices, Rents, and Homeownership (2018, background): “More recently, Gervais and Pandey (2008) use the Survey of Consumer Finances (SCF) to measure the change in federal tax liability that would result if mortgage interest was no longer deductible from taxable income. The authors argue that the elimination of mortgage tax deductions would lead househol”
The Loan Structure and Housing Tenure Decisions in an Equilibrium Model of Mortgage Choice (2007, background): “These mortgages generate revenues each period.(10) In addition, nancial intermediaries receive principal payments from those individuals who sell their home with an outstanding mortgage position.”
Household Expenditures, Wages, Rents (2011, background): “Equation (13) also implies that the supply of housing in MSA i or j does not affect relative rental prices in either i or j.”
Housing and Debt Over the Life Cycle and Over the Business Cycle (2011, neutral): “15 Income and Program Participation, reports that the median homeowner stays in the same house for about eight years.”
Why Has Home Ownership Fallen among the Young (2009, positive): “Gervais (2002) shows that even the elimination of mortgage interest deductibility would have only modest consequences for home ownership. Similarly, Gervais and Pandey (2008) argue that relatively high income families do not benefit from mortgage interest deductibility nearly as much as conventional”
CONSUMPTION AND SAVING OVER THE LIFE CYCLE: HOW IMPORTANT ARE CONSUMER DURABLES? (2011, background): “…is the theme of an important body of work, from Grossman and Laroque (1990) and Berkovec and Fullerton (1992) to the recent contributions by Gervais (2002), Gruber and Martin (2003), Martin and Gruber (2004), Cocco (2005), Nakajima (2005), Yao and Zhang (2005), Silos (2007a, 2007b), Diaz…”
The Wealth Distribution with Durable Goods (2010, positive): “We proceed as in Gervais (2002) and assume there is a financial intermediary that buys housing stock and sells housing services in the market.”
Macroeconomics and housing: a review of the literature (2004, background): “…see Goulder (1989), Goulder and Summers (1989), Hendershott and Won (1992), Skinner (1996a). analytical devices from the macroeconomics tool kit.15 Gervais (2002) develops preferential tax treatment in a dynamic general equilibrium, multi- period overlapping-generation model, calibrated for both…”
The Distribution of Debt Across Euro Area Countries: The Role of Individual Characteristics, Institutions and Credit Conditions (2013, methodology): “Gervais (2002) predicts that the introduction of a (partial) tax exemption on mortgage interest rate payments increases housing consumption and home ownership over the life cycle.”
Housing Market Spillovers: Evidence from an Estimated DSGE Model (2010, positive): “…to explain the high volatility of housing investment; however, these shocks also 2Several papers have studied housing in models with incomplete markets and nancing frictions by combining elements of (1) and (3); see, for instance, Gervais (2002), Peterson (2004) and Díaz and Luengo-Prado (2005).”
Housing, Finance and the Macroeconomy (2014, positive): “Note that Gervais (2002) holds house prices fixed – output can be costlessly transformed at a one-one rate into consumption, business investment, or residential investment.”
On the macroeconomic determinants of the housing market in Greece: a VECM approach (2016, background): “…housing tax policy is associated with distortions in the user cost of housing and in the housing market Housing taxation and capital accumulation Gervais (2002) USA data, Model period of one year General equilibrium life-cycle economy populated by heterogeneous agents The favorable tax…”
On the user cost and homeownership (2006, background): “The preferential tax treatment on housing has been analyzed elsewhere (see for example Poterba 1984, ?, ?, Gervais 2002).”
Accounting for Changes in the Homeownership Rate (2007, neutral): “18 The objective of the paper is to understand changes in the aggregate homeownership rate not to explain the observed re(cid:133)nancing.”