Faculty & Research Published Research Research Economics Domestic Policy & Politics Facet Area of Focus - Research Craig Volden Christopher J. Ruhm Bala Mulloth Eileen Chou Benjamin Castleman Sarah Turner Sophie Trawalter Benjamin Converse Christine Mahoney Timothy Wilson Adam Leive James H. Wyckoff William Shobe Charles Holt Daniel W. Player Daphna Bassok Harry Harding Jay Shimshack Jeanine Braithwaite John Pepper Richard Bonnie David Leblang John Holbein Leora Friedberg Molly Lipscomb James Savage Sebastian Tello-Trillo Frederick P. Hitz Gabrielle Adams Gerald Warburg Isaac Mbiti Paul S. Martin Raymond C. Scheppach Ruth Gaare Bernheim Andrew S. Pennock Gerald Higginbotham Jazmin Brown-Iannuzzi Jennifer Lawless Michele Claibourn Noah Myung Philip Potter (-) Edgar O. Olsen Facet People - Research Facet UVA Partner - Research Published Research Economics Does HUD Overpay for Voucher Units, and Will SAFMRs Reduce the Overpayment? Authors: Edgar O. Olsen One argument for Small Area Fair Market Rents (SAFMRs) is that they would reduce overpayment for voucher units in low-rent neighborhoods. This article provides a more comprehensive theoretical analysis that leads to the conclusion that the worst voucher units and those in the worst neighborhoods will usually rent for more than the mean market rent of identical units, and the best units in the best neighborhoods will rent for less than this amount. Learn more Working Paper Racial Rent Differences in U.S. Housing Markets Authors: Edgar O. Olsen, Paul E. Carrillo, Dirk W. Early This paper exploits an unusually rich data set to estimate racial differences in the rents paid for identical housing in the same neighborhood in U.S. housing markets and how they vary with neighborhood racial composition. It overcomes the shortcomings of the data used in previous studies. Results suggest that households led by blacks pay more for identical housing in identical neighborhoods than their white counterparts and that this rent gap increases with the fraction of the neighborhood white. Learn more Working Paper Economics Domestic Policy & Politics Alleviating Poverty through Housing Policy Reform Authors: Edgar O. Olsen The purpose of this paper is to describe proposals for reform of low-income housing assistance that will alleviate poverty without increasing public spending. Low-income housing assistance is fertile ground for such reforms. Learn more Published Research Reforming Housing Assistance Authors: Edgar O. Olsen Getting better outcomes with less public spending is always desirable, and our current fiscal situation adds urgency to this task. Low-income housing assistance is fertile ground for such reforms. Learn more Published Research U.S. Housing Policy Authors: Edgar O. Olsen, Jeff Zabel, Giles Duranton, J. Vernon Henderson, William Strange (Eds.) Governments throughout the world intervene heavily in housing markets, and most have multiple policies to pursue multiple goals. This chapter deals with two of the largest types of housing policies in the United States, namely, low-income rental assistance and policies to promote homeownership through interventions in mortgage markets. Learn more Published Research A Panel of Interarea Price Indices for All Areas in the United States 1982-2012 Authors: Edgar O. Olsen, Paul Carrillo, Dirk Early This paper documents the production of a panel of price indices for housing services, other produced goods, and all produced goods for each metropolitan area in the United States and the non-metropolitan part of each state from 1982 through 2012 that can be used for estimating behavioral relationships, studying the workings of markets, and assessing differences in the economic circumstances of people living in different areas. Our general approach is to first produce cross-sectional price indices for a single year 2000 and then use BLS time-series price indices to create the panel. Learn more Published Research Pursuing Poverty Deconcentration Distracts from Housing Policy Reforms That Would Have a Greater Effect on Poverty Alleviation Authors: Edgar O. Olsen The federal government has multiple housing policies to pursue multiple goals. For example, it promotes homeownership primarily through provisions of the individual income tax. Learn more Published Research Performance and Legacy of Housing Policies Authors: Edgar O. Olsen, Jens Ludwig, Martha J. Bailey, Sheldon Danziger (eds) Improving the housing of the poorest families was a high priority for President Lyndon B. Johnson. The widely-publicized problems found in the nation’s most distressed public housing projects, together with the fairly steady official poverty rate in the US since LBJ’s administration, have led many to a pessimistic view about what was accomplished by the War on Poverty’s housing programs for low-income families. Learn more Published Research Economics Geographic Price Variation, Housing Assistance, and Poverty Authors: Edgar O. Olsen, Dirk W. Early, Philip N. Jefferson (ed) Two important shortcomings of the official measure of poverty are its failure to account for noncash benefits (including the benefits of low-income housing programs) when calculating resources and differences in the cost-of-living across geographic areas when setting poverty thresholds. Alternative estimates of poverty rates that account for the variation in the cost-of-living across areas when setting thresholds and the value of rental housing subsidies when measuring household resources have been produced. Learn more Published Research Fundamental Housing Policy Reforms to End Homelessness Authors: Edgar O. Olsen, Ingrid Gould Ellen, Brendan O'Flaherty (eds) The failure to offer assistance to all individuals of the types who become homeless is a major defect of the current system of low-income housing assistance. Fundamental reforms of the system that are justified on other grounds would eliminate this defect. Learn more
Published Research Economics Does HUD Overpay for Voucher Units, and Will SAFMRs Reduce the Overpayment? Authors: Edgar O. Olsen One argument for Small Area Fair Market Rents (SAFMRs) is that they would reduce overpayment for voucher units in low-rent neighborhoods. This article provides a more comprehensive theoretical analysis that leads to the conclusion that the worst voucher units and those in the worst neighborhoods will usually rent for more than the mean market rent of identical units, and the best units in the best neighborhoods will rent for less than this amount. Learn more
Working Paper Racial Rent Differences in U.S. Housing Markets Authors: Edgar O. Olsen, Paul E. Carrillo, Dirk W. Early This paper exploits an unusually rich data set to estimate racial differences in the rents paid for identical housing in the same neighborhood in U.S. housing markets and how they vary with neighborhood racial composition. It overcomes the shortcomings of the data used in previous studies. Results suggest that households led by blacks pay more for identical housing in identical neighborhoods than their white counterparts and that this rent gap increases with the fraction of the neighborhood white. Learn more
Working Paper Economics Domestic Policy & Politics Alleviating Poverty through Housing Policy Reform Authors: Edgar O. Olsen The purpose of this paper is to describe proposals for reform of low-income housing assistance that will alleviate poverty without increasing public spending. Low-income housing assistance is fertile ground for such reforms. Learn more
Published Research Reforming Housing Assistance Authors: Edgar O. Olsen Getting better outcomes with less public spending is always desirable, and our current fiscal situation adds urgency to this task. Low-income housing assistance is fertile ground for such reforms. Learn more
Published Research U.S. Housing Policy Authors: Edgar O. Olsen, Jeff Zabel, Giles Duranton, J. Vernon Henderson, William Strange (Eds.) Governments throughout the world intervene heavily in housing markets, and most have multiple policies to pursue multiple goals. This chapter deals with two of the largest types of housing policies in the United States, namely, low-income rental assistance and policies to promote homeownership through interventions in mortgage markets. Learn more
Published Research A Panel of Interarea Price Indices for All Areas in the United States 1982-2012 Authors: Edgar O. Olsen, Paul Carrillo, Dirk Early This paper documents the production of a panel of price indices for housing services, other produced goods, and all produced goods for each metropolitan area in the United States and the non-metropolitan part of each state from 1982 through 2012 that can be used for estimating behavioral relationships, studying the workings of markets, and assessing differences in the economic circumstances of people living in different areas. Our general approach is to first produce cross-sectional price indices for a single year 2000 and then use BLS time-series price indices to create the panel. Learn more
Published Research Pursuing Poverty Deconcentration Distracts from Housing Policy Reforms That Would Have a Greater Effect on Poverty Alleviation Authors: Edgar O. Olsen The federal government has multiple housing policies to pursue multiple goals. For example, it promotes homeownership primarily through provisions of the individual income tax. Learn more
Published Research Performance and Legacy of Housing Policies Authors: Edgar O. Olsen, Jens Ludwig, Martha J. Bailey, Sheldon Danziger (eds) Improving the housing of the poorest families was a high priority for President Lyndon B. Johnson. The widely-publicized problems found in the nation’s most distressed public housing projects, together with the fairly steady official poverty rate in the US since LBJ’s administration, have led many to a pessimistic view about what was accomplished by the War on Poverty’s housing programs for low-income families. Learn more
Published Research Economics Geographic Price Variation, Housing Assistance, and Poverty Authors: Edgar O. Olsen, Dirk W. Early, Philip N. Jefferson (ed) Two important shortcomings of the official measure of poverty are its failure to account for noncash benefits (including the benefits of low-income housing programs) when calculating resources and differences in the cost-of-living across geographic areas when setting poverty thresholds. Alternative estimates of poverty rates that account for the variation in the cost-of-living across areas when setting thresholds and the value of rental housing subsidies when measuring household resources have been produced. Learn more
Published Research Fundamental Housing Policy Reforms to End Homelessness Authors: Edgar O. Olsen, Ingrid Gould Ellen, Brendan O'Flaherty (eds) The failure to offer assistance to all individuals of the types who become homeless is a major defect of the current system of low-income housing assistance. Fundamental reforms of the system that are justified on other grounds would eliminate this defect. Learn more