Template-Type: ReDIF-Paper 1.0

Author-Name: Alexander Daminger 
Author-X-Name-First: Alexander 
Author-X-Name-Last: Daminger 


Author-Name: Kristof Dascher 
Author-X-Name-First: Kristof 
Author-X-Name-Last: Dascher 

Title: City Skew and Homeowner Subsidy Removal 
	
Abstract:  Manycountriessubsidizehomeownership, andGermanyisnoexception. However, for an interlude of 12 years Germany also paused its subsidy. Over these twelveyearsmostofthecountry’s100largestcitiessawtheircentralcitypopulation expand. We explore subsidy removal’s role in center revival. We assemble a large data set of population strata for a ?ne partition of city rings. Then we exploit the design of the subsidy (which bene?ted more a?ordable places more, and also which never bene?ted the young) to identify its e?ects on urban spatial structure. We will ?nd that homeowner subsidy removal has strongly driven the skew of the distribution of commuting distance up. In doing so subsidy removal has also, so we will suggest, contributed to strong recent growth in both, urban rent and female labor force participation.

Length: 29 pages
Creation-Date:  2020-05
File-URL: http://www.bgpe.de/texte/DP/195_Daminger_Dascher.pdf
File-Format: Application/pdf
File-Function: First version, 2020
Number: 195
Classification-JEL:  R12, D72, R52
Keywords:  Commuting Distribution, Skewness, Homeownership Subsidy, Reurbanization 
Handle: RePEc:bav:wpaper:195_DamingerDascher