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According to Oswald's hypothesis homeowners experience more problems in finding a new job after becoming unemployed because their moving costs are higher than those of renters. Empirical research has revealed that this effect is counteracted by the job search behavior of unemployed homeowners:...
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the Netherlands (unlike the GIPSI countries) did not face serious problems to finance its sovereign debt. This bad … performance is explained by the interaction of fiscal policy and the housing market. This makes the Netherlands an interesting …
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