The consequences of the Swedish rent control system on labor income: Evidence from a randomized apartment lottery
利用斯德哥尔摩大都市区随机公寓抽签数据,研究发现获得租金管制合同使个人年劳动收入降低13%-20%,就业率降低8%-13%,部分效应源于高等教育参与率上升。
Using a unique randomized rental apartment lottery in Stockholm metropolitan statistical area, this paper analyses behavioral effects on individuals receiving a rent-controlled contract in the Swedish rent control program. The result shows that receiving a rent-controlled contract reduces the annual labor income by 13 to 20 percent and employment by 8 to 13 percent. To some extent, these effects can be explained by an increased propensity to enter higher education.