Abstract Rent subsidies were provided to students living in central Jerusalem between 2006 and 2011 in order to encourage urban renewal. This program led to a marked increase in the… Click to show full abstract
Abstract Rent subsidies were provided to students living in central Jerusalem between 2006 and 2011 in order to encourage urban renewal. This program led to a marked increase in the number of students renting apartments in the city center. Using diff-in-diffs hedonic estimations, we find that 70–80% of the rent subsidies remained in the hands of the students, within the broad range of incidence rates found worldwide.
               
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