Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/237986 
Year of Publication: 
2020
Series/Report no.: 
BGPE Discussion Paper No. 195
Publisher: 
Friedrich-Alexander-Universität Erlangen-Nürnberg, Erlangen und Nürnberg
Abstract: 
Many countries subsidize homeownership, and Germany is no exception. However, for an interlude of 12 years Germany also paused its subsidy. Over these twelve years most of the country's 100 largest cities saw their central city population expand. We explore subsidy removal's role in center revival. We assemble a large data set of population strata for a fine partition of city rings. Then we exploit the design of the subsidy (which benefited more affordable places more, and also which never benefited the young) to identify its effects on urban spatial structure. We will find 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.
Subjects: 
Commuting Distribution
Skewness
Homeownership Subsidy
Reurbanization
JEL: 
R12
D72
R52
Document Type: 
Working Paper

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