This article analyses some effects of the French upfront subsidy to homeownership called Pret a Taux Zero (PTZ) introduced in 1996. The PTZ can be viewed as a downpayment subsidy to low and middle-income first-time buyers. The effects of the subsidy are modelled by simulating the introduction of...

In 2014, UN Member States proposed a set of Sustainable Development Goals (SDGs), which will succeed the Millennium Development Goals (MDGs) as reference goals for the international development community for the period 2015-2030. The proposed goals and targets can be seen as a network, in which...

"Most countries do not use one single type of housing subsidy but combine many of them. Le Blanc provides operational criteria that allow evaluation of systems of housing subsidies, both at the individual program level and at the aggregate (country) level. He examines the public finance...