In this paper, we study the effect of housing demand subsidies on rents using discontinuities in the Finnish housing allowance system as a quasi‐experimental setting. The stepwise dependence of housing allowance on the floor area of the dwelling and on the year of construction of the building causes economically and statistically significant discontinuities in the amounts of housing allowances. However, our results show that there are no discontinuities in the rents paid by the recipients of housing allowance at these cut‐offs. Instead, differences in the amounts of housing allowance are translated roughly one‐to‐one into differences in the rent net of housing allowance.

中文翻译：

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房屋津贴和租金：逐步补贴计划的证据*

在本文中，我们以芬兰住房补贴制度的不连续性为准实验环境，研究了住房需求补贴对租金的影响。住房补贴对房屋建筑面积和建筑物建造年份的逐步依赖会导致住房补贴数额在经济和统计上显着中断。但是，我们的结果表明，在这些截止日期，住房补贴的接受者支付的租金没有中断。取而代之的是，住房补贴金额的差额大致按一对一的比例换算成住房补贴租金净额的差额。