The Effect of Home-ownership on Labor Mobility in The Netherlands
In various macro-studies, home-ownership is found to hamper job mobility and to increase unemployment. This paper addresses similar issues, but uses a microeconometric framework where both individual job mobility, as well as the probability of being homeowner are modeled simultaneously. Using a panel of individual labor and housing market histories for the period 1989-1998, we estimate a nonparametric model of both job durations and home-ownership. We do not find homeowners to change less from jobs than tenants. Instead, our results suggest that the housing decision is driven by job commitment... Mehr ...
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Dokumenttyp: | Working paper |
Erscheinungsdatum: | 2004 |
Schlagwörter: | Duration Models / Labor Mobility (J6) / Housing Market Analysis (R2) |
Sprache: | Englisch |
Permalink: | https://search.fid-benelux.de/Record/base-26835022 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | https://dspace.library.uu.nl/handle/1874/309390 |