Economic Effects of Upfront Subsidies to Ownership : The Case of the Pret a Taux Zero in France
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 the...
Main Authors: | Gobillon, Laurent, le Blanc, David |
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Format: | Journal Article |
Language: | EN |
Published: |
2012
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Subjects: | |
Online Access: | http://hdl.handle.net/10986/5787 |
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