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Evaluating the Benefits of a Streamlined Refinance Program
Gerardi, Kristopher - 2020
Mortgage borrowers who have experienced employment disruptions as a result of the COVID-19 pandemic are unable to refinance their loans to take advantage of historically low market rates. In this article, we analyze the effects of a streamlined refinance (“refi”) program for...
Persistent link: https://www.econbiz.de/10012828853
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An Analysis of the Neighborhood Impacts of the Mortgage Assistance Program in Dallas
Di, Wenhua - 2009
Down payment or closing cost assistance is a commonly used and effective program in addressing the wealth constraints of underserved homebuyers. This paper estimates the impact of the city of Dallas Mortgage Assistance Program (MAP) on neighborhood home values. We define neighborhoods for each...
Persistent link: https://www.econbiz.de/10013158183
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The Spatial Impacts of a Massive Rail Disinvestment Program : The Beeching Axe
Gibbons, Steve; Heblich, Stephan; Pinchbeck, Edward W. - National Bureau of Economic Research - 2024
This paper investigates the reversibility of the effects of transport infrastructure investments, based on a programme that removed much of the rail network in Britain during the mid-20th Century. We find that a 10% loss in rail access between 1950 and 1980 caused a persistent 3% decline in...
Persistent link: https://www.econbiz.de/10015056124
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Income tax deduction of commuting expenses and tax funding in an urban CGE study: the case of German cities
Hirte, Georg; Tscharaktschiew, Stefan - 2011
Germany like many other European countries subsidize commuting by granting the right to deduct commuting expenses from the income tax base. This regulation has often been changed and has regularly been under debate during the last decades. The pros (e.g. causing efficiency gains with respect to...
Persistent link: https://www.econbiz.de/10009228938
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How deep is your love? : a quantitative spatial analysis of the transatlantic trade partnership
Krebs, Oliver; Pflüger, Michael - 2016
This paper explores the effects of trade liberalization envisioned in a Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union. We use a new quantitative spatial trade model with consumptive and productive uses of land and inputoutput linkages. Our...
Persistent link: https://www.econbiz.de/10011580527
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Human capital concentration and the place-based policies in Chile
Aroca González, Patricio Alejandro; Eberhard, Juan Pedro; … - 2015
Chile is one of the most concentrated country in the world. Most of the 40 percent of the population live in the capital city, Santiago, where around 45 percent of the GDP is produced. At the same time, most of the policies promoting welfare are focus on people and they are spatially blind. This...
Persistent link: https://www.econbiz.de/10011476352
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The Impact of Urban Enterprise Zones on Establishment Location Decisions : Evidence from French Zfus
Mayer, Thierry - 2013
In this paper, we study the impact of a French enterprise zones program -- the "Zones Franches Urbaines'" (ZFUs) policy -- on establishment location decisions. Our empirical analysis is based on a micro-geographic dataset that provides exhaustive information on the location of establishments in...
Persistent link: https://www.econbiz.de/10013073784
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Chapter 18. Place-Based Policies
Neumark, David; Simpson, Helen - In: Handbook of regional and urban economics : volume 5, (pp. 1197-1287). 2015
Place-based policies commonly target underperforming areas, such as deteriorating downtown business districts and disadvantaged regions. Principal examples include enterprise zones, European Union Structural Funds, and industrial cluster policies. Place-based policies are rationalized by various...
Persistent link: https://www.econbiz.de/10014025297
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Firm Responses to State Hiring Subsidies : Regression Discontinuity Evidence from a Tax Credit Formula
Hyman, Benjamin G.; Freedman, Matthew; Khanna, Shantanu; … - National Bureau of Economic Research - 2022
disadvantaged parts of the state. Moreover, we find little evidence of spillovers to other states. Our results suggest that targeted … and audited hiring subsidies can be effective in promoting local business expansions without significant cross-state …
Persistent link: https://www.econbiz.de/10013462712
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The effects of wartime institutions on households' ability to cope with shocks : evidence for Colombia
Ibáñez, Ana María; Arteaga, Julián; Cárdenas … - 2019
with negative income shocks. Rebelocracy is the social order established by non-state armed actors in the communities they … living in war zones amid violence and chaos. If these better economic conditions persist after non-state armed actors leave … heterogeneous impact by the level of rebelocracy. Using a household panel in four conflict regions in Colombia, the estimation …
Persistent link: https://www.econbiz.de/10012129665