Effects of the Swedish 1983-85 Tax Reform on the Demand for Owner-Occupied Housing: A Microsimulation Approach
The effects of the Swedish 1983-85 tax reform are analyzed with respect to the housing market. A microsimulation model is used which takes into account the household's tenure choice (owning vs. renting) as well as the quantity demanded conditional on the tenure choice. The reform consists of a...
Gespeichert in:
Veröffentlicht in: | The Scandinavian journal of economics 1985-01, Vol.87 (4), p.625-646 |
---|---|
Hauptverfasser: | , , |
Format: | Artikel |
Sprache: | eng |
Schlagworte: | |
Online-Zugang: | Volltext |
Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
container_end_page | 646 |
---|---|
container_issue | 4 |
container_start_page | 625 |
container_title | The Scandinavian journal of economics |
container_volume | 87 |
creator | Brownstone, David Englund, Peter Persson, Mats |
description | The effects of the Swedish 1983-85 tax reform are analyzed with respect to the housing market. A microsimulation model is used which takes into account the household's tenure choice (owning vs. renting) as well as the quantity demanded conditional on the tenure choice. The reform consists of a reduction in marginal tax rates and limitations on the deductibility of mortgage interest. The simulations show that this will cause a general reduction in demand for owner-occupied houses. On a disaggregated level, there will be an increase in the demand for small and medium-sized houses, while the demand for large units will fall sharply. |
doi_str_mv | 10.2307/3439976 |
format | Article |
fullrecord | <record><control><sourceid>jstor_proqu</sourceid><recordid>TN_cdi_proquest_journals_200701848</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><jstor_id>3439976</jstor_id><sourcerecordid>3439976</sourcerecordid><originalsourceid>FETCH-LOGICAL-c339t-fd0b87b13091a58ce6acafc6d48490400406c9eea6b687eb653dac493155dbe23</originalsourceid><addsrcrecordid>eNp1kFtLJDEQhYO44Dgr_oUggk-tlc6lE98GL6vgMrA7Pod0utrpYfpi0q3rv9_oiG9CHQrCV-eEQ8gxg_OcQ3HBBTemUHtkxoQqMiNEvk9mwEWRgczhgBzGuAEAyYHNSHdT1-jHSPuajmukf1-xauKaMqN5piVduX_0D9Z9aGnffRDX2LquoumJLl87DNnS-2losKJ3_RSb7umSLujvxoc-Nu20dWOTDhfDEHrn1z_Jj9ptIx597jl5vL1ZXd1lD8tf91eLh8xzbsasrqDURck4GOak9qicd7VXldDCgIA0yhtEp0qlCyyV5JXzwnAmZVVizufkZOebYp8njKPd9FPoUqTNAQpgWugEne2g97_GgLUdQtO68GYZ2Pcu7WeXibzfkQEH9F9YuXXRpzI29sVypxPv3pJSdzKtJkkkDUkql1Youx7b5HW689rEsQ_fRv4HsuWInA</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>200701848</pqid></control><display><type>article</type><title>Effects of the Swedish 1983-85 Tax Reform on the Demand for Owner-Occupied Housing: A Microsimulation Approach</title><source>RePEc</source><source>Business Source Complete</source><source>JSTOR Archive Collection A-Z Listing</source><creator>Brownstone, David ; Englund, Peter ; Persson, Mats</creator><creatorcontrib>Brownstone, David ; Englund, Peter ; Persson, Mats</creatorcontrib><description>The effects of the Swedish 1983-85 tax reform are analyzed with respect to the housing market. A microsimulation model is used which takes into account the household's tenure choice (owning vs. renting) as well as the quantity demanded conditional on the tenure choice. The reform consists of a reduction in marginal tax rates and limitations on the deductibility of mortgage interest. The simulations show that this will cause a general reduction in demand for owner-occupied houses. On a disaggregated level, there will be an increase in the demand for small and medium-sized houses, while the demand for large units will fall sharply.</description><identifier>ISSN: 0347-0520</identifier><identifier>ISSN: 1467-9442</identifier><identifier>EISSN: 1467-9442</identifier><identifier>DOI: 10.2307/3439976</identifier><language>eng</language><publisher>Oxford: The Scandinavian Journal of Economics</publisher><subject>Demand ; Dwelling value ; Econometrics ; Economic models ; Estimated taxes ; Home ownership ; Housing ; Housing demand ; Housing market ; Impacts ; Income taxes ; Interest costs ; Marginal tax rate ; Microeconomics ; Modeling ; Simulation ; Tax deductions ; Tax rates ; Tax reform ; Taxation economics</subject><ispartof>The Scandinavian journal of economics, 1985-01, Vol.87 (4), p.625-646</ispartof><rights>Copyright Blackwell Publishers 1985</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c339t-fd0b87b13091a58ce6acafc6d48490400406c9eea6b687eb653dac493155dbe23</citedby></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.jstor.org/stable/pdf/3439976$$EPDF$$P50$$Gjstor$$H</linktopdf><linktohtml>$$Uhttps://www.jstor.org/stable/3439976$$EHTML$$P50$$Gjstor$$H</linktohtml><link.rule.ids>314,780,784,803,4007,27923,27924,58016,58249</link.rule.ids><backlink>$$Uhttp://econpapers.repec.org/article/blascandj/v_3a87_3ay_3a1985_3ai_3a4_3ap_3a625-46.htm$$DView record in RePEc$$Hfree_for_read</backlink></links><search><creatorcontrib>Brownstone, David</creatorcontrib><creatorcontrib>Englund, Peter</creatorcontrib><creatorcontrib>Persson, Mats</creatorcontrib><title>Effects of the Swedish 1983-85 Tax Reform on the Demand for Owner-Occupied Housing: A Microsimulation Approach</title><title>The Scandinavian journal of economics</title><description>The effects of the Swedish 1983-85 tax reform are analyzed with respect to the housing market. A microsimulation model is used which takes into account the household's tenure choice (owning vs. renting) as well as the quantity demanded conditional on the tenure choice. The reform consists of a reduction in marginal tax rates and limitations on the deductibility of mortgage interest. The simulations show that this will cause a general reduction in demand for owner-occupied houses. On a disaggregated level, there will be an increase in the demand for small and medium-sized houses, while the demand for large units will fall sharply.</description><subject>Demand</subject><subject>Dwelling value</subject><subject>Econometrics</subject><subject>Economic models</subject><subject>Estimated taxes</subject><subject>Home ownership</subject><subject>Housing</subject><subject>Housing demand</subject><subject>Housing market</subject><subject>Impacts</subject><subject>Income taxes</subject><subject>Interest costs</subject><subject>Marginal tax rate</subject><subject>Microeconomics</subject><subject>Modeling</subject><subject>Simulation</subject><subject>Tax deductions</subject><subject>Tax rates</subject><subject>Tax reform</subject><subject>Taxation economics</subject><issn>0347-0520</issn><issn>1467-9442</issn><issn>1467-9442</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>1985</creationdate><recordtype>article</recordtype><sourceid>X2L</sourceid><recordid>eNp1kFtLJDEQhYO44Dgr_oUggk-tlc6lE98GL6vgMrA7Pod0utrpYfpi0q3rv9_oiG9CHQrCV-eEQ8gxg_OcQ3HBBTemUHtkxoQqMiNEvk9mwEWRgczhgBzGuAEAyYHNSHdT1-jHSPuajmukf1-xauKaMqN5piVduX_0D9Z9aGnffRDX2LquoumJLl87DNnS-2losKJ3_RSb7umSLujvxoc-Nu20dWOTDhfDEHrn1z_Jj9ptIx597jl5vL1ZXd1lD8tf91eLh8xzbsasrqDURck4GOak9qicd7VXldDCgIA0yhtEp0qlCyyV5JXzwnAmZVVizufkZOebYp8njKPd9FPoUqTNAQpgWugEne2g97_GgLUdQtO68GYZ2Pcu7WeXibzfkQEH9F9YuXXRpzI29sVypxPv3pJSdzKtJkkkDUkql1Youx7b5HW689rEsQ_fRv4HsuWInA</recordid><startdate>19850101</startdate><enddate>19850101</enddate><creator>Brownstone, David</creator><creator>Englund, Peter</creator><creator>Persson, Mats</creator><general>The Scandinavian Journal of Economics</general><general>Wiley Blackwell</general><general>Blackwell Publishing Ltd</general><scope>DKI</scope><scope>X2L</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope></search><sort><creationdate>19850101</creationdate><title>Effects of the Swedish 1983-85 Tax Reform on the Demand for Owner-Occupied Housing: A Microsimulation Approach</title><author>Brownstone, David ; Englund, Peter ; Persson, Mats</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c339t-fd0b87b13091a58ce6acafc6d48490400406c9eea6b687eb653dac493155dbe23</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>1985</creationdate><topic>Demand</topic><topic>Dwelling value</topic><topic>Econometrics</topic><topic>Economic models</topic><topic>Estimated taxes</topic><topic>Home ownership</topic><topic>Housing</topic><topic>Housing demand</topic><topic>Housing market</topic><topic>Impacts</topic><topic>Income taxes</topic><topic>Interest costs</topic><topic>Marginal tax rate</topic><topic>Microeconomics</topic><topic>Modeling</topic><topic>Simulation</topic><topic>Tax deductions</topic><topic>Tax rates</topic><topic>Tax reform</topic><topic>Taxation economics</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Brownstone, David</creatorcontrib><creatorcontrib>Englund, Peter</creatorcontrib><creatorcontrib>Persson, Mats</creatorcontrib><collection>RePEc IDEAS</collection><collection>RePEc</collection><collection>CrossRef</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>The Scandinavian journal of economics</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Brownstone, David</au><au>Englund, Peter</au><au>Persson, Mats</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Effects of the Swedish 1983-85 Tax Reform on the Demand for Owner-Occupied Housing: A Microsimulation Approach</atitle><jtitle>The Scandinavian journal of economics</jtitle><date>1985-01-01</date><risdate>1985</risdate><volume>87</volume><issue>4</issue><spage>625</spage><epage>646</epage><pages>625-646</pages><issn>0347-0520</issn><issn>1467-9442</issn><eissn>1467-9442</eissn><abstract>The effects of the Swedish 1983-85 tax reform are analyzed with respect to the housing market. A microsimulation model is used which takes into account the household's tenure choice (owning vs. renting) as well as the quantity demanded conditional on the tenure choice. The reform consists of a reduction in marginal tax rates and limitations on the deductibility of mortgage interest. The simulations show that this will cause a general reduction in demand for owner-occupied houses. On a disaggregated level, there will be an increase in the demand for small and medium-sized houses, while the demand for large units will fall sharply.</abstract><cop>Oxford</cop><pub>The Scandinavian Journal of Economics</pub><doi>10.2307/3439976</doi><tpages>22</tpages></addata></record> |
fulltext | fulltext |
identifier | ISSN: 0347-0520 |
ispartof | The Scandinavian journal of economics, 1985-01, Vol.87 (4), p.625-646 |
issn | 0347-0520 1467-9442 1467-9442 |
language | eng |
recordid | cdi_proquest_journals_200701848 |
source | RePEc; Business Source Complete; JSTOR Archive Collection A-Z Listing |
subjects | Demand Dwelling value Econometrics Economic models Estimated taxes Home ownership Housing Housing demand Housing market Impacts Income taxes Interest costs Marginal tax rate Microeconomics Modeling Simulation Tax deductions Tax rates Tax reform Taxation economics |
title | Effects of the Swedish 1983-85 Tax Reform on the Demand for Owner-Occupied Housing: A Microsimulation Approach |
url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-08T21%3A53%3A02IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-jstor_proqu&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Effects%20of%20the%20Swedish%201983-85%20Tax%20Reform%20on%20the%20Demand%20for%20Owner-Occupied%20Housing:%20A%20Microsimulation%20Approach&rft.jtitle=The%20Scandinavian%20journal%20of%20economics&rft.au=Brownstone,%20David&rft.date=1985-01-01&rft.volume=87&rft.issue=4&rft.spage=625&rft.epage=646&rft.pages=625-646&rft.issn=0347-0520&rft.eissn=1467-9442&rft_id=info:doi/10.2307/3439976&rft_dat=%3Cjstor_proqu%3E3439976%3C/jstor_proqu%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=200701848&rft_id=info:pmid/&rft_jstor_id=3439976&rfr_iscdi=true |