Propriété immobilière et déqualification dans l’emploi

Homeownership and job downgrading : our empirical study stems from previous research on the effects of residential status on microeconomic labour market outcomes. It focuses on employees and assesses the a priori ambiguous impact of homeownership on downgrading. We use the French data set of the 1995-2001 European Household Panel Survey to build a statistical measure of wage downgrading and a subjective measure of overeducation. We estimate a recursive bivariate probit that simultaneously models the residential status choice and its impact on the probability to be in a downgraded/overeducated job. Our results show that homeowners are, ceteris paribus, more wage downgraded and overeducated than renters. Consequently, homeownership could be a source of mismatch between workers and jobs on the labour market.