costs and thereby regional mobility and unemployment. The paper analyzes the impact of symmetric and asymmetric shocks on … mobility and unemployment, and discusses effects of government intervention in the housing market. In addition, it is shown … higher levels of unemployment although home-owners tend to be unemployed less. The choice of housing tenure affects moving …

duration. -- unemployment ; house prices ; mobility …A recent decline in geographic mobility in the United States may have been caused in part by falling house prices …, through the "lock in" effects of financial constraints faced by households whose housing debt exceeds the market value of …

In this paper we analyze the unintended effects on mobility of a national place-based policy (SIPTEA) that provides … greater unemployment protection in two lagging regions of southern Spain (namely, Extremadura and Andalucía). Using a border … growth, the probability of staying and in-migration in rural areas that are experiencing high unemployment and significant …

commuting costs the effect of housing frictions plays a large role and can generate a substantial decline in mobility. We show … unemployment rates across countries but does not explain why geographical mobility is very low in some countries (on average, three … times lower in Europe than in the U.S.). We build a model in which both unemployment and mobility rates are endogenous. Our …

A recent decline in geographic mobility in the United States may have been caused in part by falling house prices …, through the lock in effects of financial constraints faced by households whose housing debt exceeds the market value of their … home. I analyze the relationship between such house lock and the elevated levels and persistence of unemployment during the …

More than a decade ago Oswald has formulated the thesis that homeownership increases unemployment. Empirical research … new job elsewhere. However, in general for European countries, residential mobility associated with unemployment spells … seekers and commuting costs. We show that decreasing absolute risk aversion implies that the exit rate from unemployment is …

housing costs, and lower unemployment rates. Although workers can move freely to arbitrage away differences in expected … utility across metropolitan areas, equilibrium unemployment rates are not equalized across space. We find that if hiring costs …Many countries have policies aimed at creating jobs in depressed areas with high unemployment rates. In standard …