Entrenchment or retrenchment: The political economy of mortgage debt subsidies in the united states and Germany (Record no. 525996)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01588nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 240430b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Reisenbichler, Alexander |
| 245 ## - TITLE STATEMENT | |
| Title | Entrenchment or retrenchment: The political economy of mortgage debt subsidies in the united states and Germany |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | Comparative Politics |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 55(4), Jul, 2022: p.717-740 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | Why do mortgage subsidies vary across countries? Until the 2000s, the U.S. and Germany provided large-scale subsidies for homeownership. Yet, their paths diverged when they faced deep economic crises at that time. While the U.S. doubled down on government support by quasi-nationalizing its mortgage market, Germany retrenched homeowner subsidies. This article argues that growth regimes shape coalitional logics that explain these contrasting outcomes. In the U.S. demand-led regime, where housing is key to growth, a bipartisan coalition entrenched mortgage subsidies to stimulate household credit and consumption. Germany's export-led regime, where housing is less central to growth, produced a broad-based coalition that retrenched homeowner subsidies to boost competitiveness. Detailed case studies contrast the quasi-nationalization of U.S. government-sponsored enterprises (GSEs) with the retrenchment of the German "homeowner subsidy" (Eigenheimzulage).- Reproduced https://www.ingentaconnect.com/contentone/cuny/cp/2022/00000054/00000004/art00007 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Mortagage debt, Political economy, |
| 9 (RLIN) | 51943 |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | Comparative Politics |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) | |
| Subject DIP | MORTGAGE |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Item type | Articles |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent location | Current location | Date acquired | Serial Enumeration / chronology | Barcode | Date last seen | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Indian Institute of Public Administration | Indian Institute of Public Administration | 2024-04-30 | 55(4), Jul, 2022: p.717-740 | AR131788 | 2024-04-30 | Articles |