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This paper examines the impact of housing equity and occupational pension scheme membership on job tenure. Using job duration data from the 1985 General Household Survey, appropriate hazard functions are constructed and estimated. Housing equity data is constructed from the General Household...
Persistent link: https://www.econbiz.de/10005071838
U.K. commentators have noted that the U.K. housing market may hinder labor market flexibility. The present paper uses U.K. household longitudinal data (BHPS) for the early 1990s and estimates single and competing risk discrete time duration models of residence duration to investigate the impact...
Persistent link: https://www.econbiz.de/10005071943