The effects of rent control in Latin America: a century of regulations in Argentina
Fil: Jacobo, Alejandro D. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina.
| Main Authors: | , |
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| Format: | info:eu-repo/semantics/publishedVersion |
| Language: | eng |
| Published: |
2024
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| Subjects: | |
| Online Access: | https://docta.ucm.es/entities/publication/6412a139-f91c-47ad-b5c8-2cd0501fd4cb http://hdl.handle.net/11086/550435 |
| _version_ | 1806011978979737600 |
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| author | Jacobo, Alejandro D. Kholodilin, Konstantin A. |
| author_facet | Jacobo, Alejandro D. Kholodilin, Konstantin A. |
| author_sort | Jacobo, Alejandro D. |
| collection | Repositorio Digital Universitario |
| description | Fil: Jacobo, Alejandro D. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina. |
| format | info:eu-repo/semantics/publishedVersion |
| id | rdu-unc.550435 |
| institution | Universidad Nacional de Cordoba |
| language | eng |
| publishDate | 2024 |
| record_format | dspace |
| spelling | rdu-unc.5504352024-07-05T16:01:59Z The effects of rent control in Latin America: a century of regulations in Argentina Jacobo, Alejandro D. Kholodilin, Konstantin A. Argentina Housing rents Rent control Rental market regulations info:eu-repo/semantics/publishedVersion Fil: Jacobo, Alejandro D. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina. Fil: Kholodilin, Konstantin A. National Research University. Higher School of Economics; Rusia. Fil: Jacobo, Alejandro D. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro de Investigaciones y Estudios sobre Cultura y Sociedad. Centro de Investigaciones en Ciencias Económicas; Argentina. Fil: Kholodilin, Konstantin A. German Institute for Economic Research; Alemania. Following World War I, rent control became a standard policy response to the housing shortage and the resulting rent increases. Typically, economists blame it for creating inefficiencies in the housing market and beyond. We investigate whether rental market regulations (including rent control, protection of tenants from eviction, and housing rationing) had any effects in a middle-income Latin American economy, such as Argentina. To answer this question, we take advantage of a wide range of housing market indicators and restrictive rental regulation indices covering almost one century. Using a standard OLS model and MARS, a non-linear estimation technique, we find that rental market regulations have exerted a statistically significant negative impact on the growth rates of the real housing rents. However, they were only effective for short periods following both World Wars, when regulations were novel and particularly strong. https://eprints.ucm.es/59968/1/Doc.%202001.pdf info:eu-repo/semantics/publishedVersion Fil: Jacobo, Alejandro D. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina. Fil: Kholodilin, Konstantin A. National Research University. Higher School of Economics; Rusia. Fil: Jacobo, Alejandro D. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro de Investigaciones y Estudios sobre Cultura y Sociedad. Centro de Investigaciones en Ciencias Económicas; Argentina. Fil: Kholodilin, Konstantin A. German Institute for Economic Research; Alemania. Economía, Econometría 2024-02-06T17:44:18Z 2024-02-06T17:44:18Z 2020 article 2341-2356 https://docta.ucm.es/entities/publication/6412a139-f91c-47ad-b5c8-2cd0501fd4cb http://hdl.handle.net/11086/550435 eng Atribución-NoComercial-CompartirIgual 4.0 Internacional http://creativecommons.org/licenses/by-nc-sa/4.0/ Electrónico y/o Digital |
| spellingShingle | Argentina Housing rents Rent control Rental market regulations Jacobo, Alejandro D. Kholodilin, Konstantin A. The effects of rent control in Latin America: a century of regulations in Argentina |
| title | The effects of rent control in Latin America: a century of regulations in Argentina |
| title_full | The effects of rent control in Latin America: a century of regulations in Argentina |
| title_fullStr | The effects of rent control in Latin America: a century of regulations in Argentina |
| title_full_unstemmed | The effects of rent control in Latin America: a century of regulations in Argentina |
| title_short | The effects of rent control in Latin America: a century of regulations in Argentina |
| title_sort | effects of rent control in latin america a century of regulations in argentina |
| topic | Argentina Housing rents Rent control Rental market regulations |
| url | https://docta.ucm.es/entities/publication/6412a139-f91c-47ad-b5c8-2cd0501fd4cb http://hdl.handle.net/11086/550435 |
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