higher levels of unemployment although home-owners tend to be unemployed less. The choice of housing tenure affects moving … 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 … 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 … 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 …

Homeownership, though it brings both private and social benefits, entails substantial fixed costs. Indeed, standard … personal financial advice suggests that homeownership should only be undertaken when one's job situation is stable and job … renters to become homeowners. An examination of job durations suggests that homeownership is correlated with longer job …

unemployment rates. To this end, we develop a matching model à la Pissarides (2000) in which homeowners are assumed to be less …In this paper we investigate Oswald's hypothesis according to which higher homeownership rates increase aggregate … following an (exogenous) increase in homeownership rates. We show that (1) Oswald's hypothesis does not always hold as it …