Policy-makers worldwide are grappling with how to make housing more affordable. Governments deploy a range of housing policy instruments to pursue the aims of housing affordability, ownership accessibility, and economic efficiency. The authors study four such instruments in this paper.

Abstract Beginning with [Johansen (1960)], computable general equilibrium (CGE) models have been widely applied to study the impact of a variety of economic policy issues. These include changes in macroeconomic or regional economic policies such as tariff reductions, changes in labour force demographics and skill levels, the impact of epidemics and terrorist attacks, the impact...

In this paper, the authors investigate the impact of a cut to the company tax rate using a miniature version of the Vic-Uni computable general equilibrium model of the Australian economy with additional detail on ownership of physical capital.