NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

How Do Mortgage Subsidies Affect Home Ownership? Evidence from the Mid-century GI Bills

Daniel K. Fetter

NBER Working Paper No. 17166
Issued in June 2011

---- Acknowledgements -----

For helpful comments at various points in this project, I am grateful to James Alm, Erica Field, Price Fishback, Joshua Goodman, Eric Hilt, Richard Hornbeck, Gray Kimbrough, Erzo Luttmer, Robert Margo, Patrick McEwan, Marianne Page, Rohini Pande, Ken Snowden, Susan Wachter, Eugene White, Heidi Williams, and numerous seminar participants at the Federal Reserve Bank of St. Louis, Harvard, Northwestern-Kellogg, Mathematica Policy Research, Rutgers, Stanford, UC-Davis, the University of Maryland, UNC-Greensboro, UPenn-Wharton, Wellesley, the Spring 2011 meeting of the NBER Development of the American Economy Program, and the September 2011 NBER-Universities Research Conference. I am especially indebted to Edward Glaeser, Claudia Goldin, and Lawrence Katz for detailed feedback. I also gratefully acknowledge financial support from the Taubman Center for State and Local Government, the Real Estate Academic Initiative, and the Harvard Graduate School of Arts and Sciences. All errors are my own. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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