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More than a decade ago Oswald has formulated the thesis that homeownership increases unemployment. Empirical research … seekers and commuting costs. We show that decreasing absolute risk aversion implies that the exit rate from unemployment is … new job elsewhere. However, in general for European countries, residential mobility associated with unemployment spells …
Persistent link: https://www.econbiz.de/10014153618
duration models, I find that when transition from unemployment to different types of employment is ignored, homeownership …This paper provides new evidence on the effect of homeownership on unemployment spells by disaggregating exit from … unemployment into full-time and part-time employment using the March Current Population Survey (CPS) data from 1990 to 2013. Using …
Persistent link: https://www.econbiz.de/10013048258
relationship between homeownership and commutes while controlling for other variables, and possible effects of selection and …
Persistent link: https://www.econbiz.de/10011559785
A search model of the labor market is augmented to include commuting time to work. The theory posits that wages are … selection will bias downward the wage impact of commuting, and marginally affect the coefficients on education, age and gender … impact of commute time on job acceptance decisions. We also use the theory to calculate the bargaining power of workers which …
Persistent link: https://www.econbiz.de/10013155006
A search model of the labor market is augmented to include commuting time to work. The theory posits that wages are … selection will bias downward the wage impact of commuting, and marginally affect the coefficients on education, age and gender … impact of commute time on job acceptance decisions. We also use the theory to calculate the bargaining power of workers which …
Persistent link: https://www.econbiz.de/10003905644
This paper estimates a lifecycle model of consumption, housing choice, and migration in the presence of aggregate and regional shocks, using the Survey of Income and Program Participation (SIPP). The model delivers structural estimates of moving costs by ownership status, age, and family size...
Persistent link: https://www.econbiz.de/10012202852
of taxes and public goods has played a central role in the theory of local public finance over the past 50 years. Given …
Persistent link: https://www.econbiz.de/10014058376
Persistent link: https://www.econbiz.de/10012172694
effects on job finding ; unemployment duration … the husband finds a job. This is so despite the fact that greater own wealth also prolongs unemployment spells for men …
Persistent link: https://www.econbiz.de/10002815989
the husband finds a job. This is so despite the fact that greater own wealth also prolongs unemployment spells for men …
Persistent link: https://www.econbiz.de/10013318497