イワタ シンイチロウ   Iwata Shinichiro
  岩田 真一郎
   所属   神奈川大学  経済学部 経済学科/現代ビジネス学科
    神奈川大学大学院  経済学研究科 経済学専攻(公共政策コース)
   職種   教授
言語種別 英語
発行・発表の年月 2017/12
形態種別 学術雑誌
査読 査読あり
標題 The crowding-out effect of housing subsidies on parental support: evidence from Japanese mortgage tax credits
執筆形態 共著
掲載誌名 JOURNAL OF HOUSING AND THE BUILT ENVIRONMENT
掲載区分国外
出版社・発行元 SPRINGER
巻・号・頁 32(4),pp.673-691
著者・共著者 Shinichiro Iwata,Norifumi Yukutake
概要 Children may receive monetary transfers from their parents when they attempt to purchase a home. This raises the question of whether a homeownership-related subsidy provided by government displaces transfers received from parents. The purpose of this paper is to examine this question empirically, using a sample of Japanese home-buying households that are benefiting from a mortgage tax credit (MTC) as a model case. In the empirical analysis, we offer a test of the effect of the MTC on both the extensive and the intensive margins using the overall sample as well as subsample groups. The empirical results, which use the full sample, indicate that the MTC crowds out parental transfers on both the extensive and the intensive margins. In particular, the estimates of the latter suggest an approximately 100 % displacement.
DOI 10.1007/s10901-016-9530-5
ISSN 15664910