When education policy and housing policy interact: Can they correct for the externalities?

• 資料種別: 規格・テクニカルリポート類
• タイトル: When education policy and housing policy interact: Can they correct for the externalities?
• 著者・編者: Gong, Yifan; Leung, Charles Ka Yui
• 著者標目: Gong, Yifan; Leung, Charles Ka Yui
• 出版事項: The Institute of Social and Economic Research, Osaka University
• 出版年月日等: 2020-10
• 出版年（W3CDTF）: 2020-10
• タイトル（掲載誌）: Institute of Social and Economic Research Discussion Papers
• 巻号年月日等（掲載誌）: 1105
• 掲載巻: 1105
• 掲載ページ: 1-30
• ISSN（掲載誌）: PISSN : 0473453X; EISSN : 24350982
• 本文の言語コード: eng
• 件名標目: school finance consolidation; public housing; housing voucher; endogenous sorting mechanism; short-run rigidity versus long-run flexibility
• 対象利用者: 一般
• 一般注記: We develop a simple spatial equilibrium model with the peer group effect and local public finance to analyze the implications of housing policies such as public housing and housing voucher programs, and education policies such as school finance consolidation. The calibrated model can match several stylized facts of the labor market and the housing market in the United States. Our counterfactual policy analyses suggest that public housing and housing voucher programs have similar welfare implications on the household level. However, within a household, the public housing program tends to benefit the children more than the parents, while the housing voucher program delivers the opposite result. Combining the school finance consolidation policy with the public housing program could improve the well-being of children from poor households without hurting other households' welfare. Some policies' short-run welfare implications can deviate significantly from their long-run counterparts when all choices are optimized.
• 参照（URI）: comment:URI; https://www.iser.osaka-u.ac.jp/static/resources/docs/dp/2020/DP1105.pdf
• 連携機関・データベース: 国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）; https://irdb.nii.ac.jp
• 提供元機関・データベース: 大阪大学 : 大阪大学学術情報庫 桜華