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causal relationship from homeownership to unemployment. The literature confirms a decreasing effect of homeownership on …, there are clear indications that there is also an effect of homeownership on the search for jobs on the local labour market …
Persistent link: https://www.econbiz.de/10011372497
Econometric investigation of the Immigration Absorption Survey for the years 1969-72 suggests that internal migration of immigrants during their first year in Israel is related only to job-seeking. Thereafter, internal migration is interwoven with the process of housing. Finally, the periphery...
Persistent link: https://www.econbiz.de/10014089293
When mobility between locations is frictional, a person's economic well-being is partially determined by her place of birth. Using a life cycle model of mobility, we find that search frictions are the main impairment to the mobility of young people in Spain, and these frictions are particularly...
Persistent link: https://www.econbiz.de/10013500696
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Persistent link: https://www.econbiz.de/10011962621
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 … depends crucially on the importance of mobility costs; (2) while higher homeownership may harm macroeconomic labour market …
Persistent link: https://www.econbiz.de/10010423759
Internal migration can substantially improve labor market efficiency. Consequently, policy is often targeted towards reducing the barriers workers face in moving to new labor markets. In this paper we explicitly model internal migration as the result of a job search process and demonstrate that...
Persistent link: https://www.econbiz.de/10011428153
Internal migration can substantially improve labor market efficiency. Consequently, policy is often targeted towards reducing the barriers workers face in moving to new labor markets. In this paper we explicitly model internal migration as the result of a job search process and demonstrate that...
Persistent link: https://www.econbiz.de/10011450958
Internal migration can substantially improve labor market efficiency. Consequently, policy is often targeted towards reducing the barriers workers face in moving to new labor markets. In this paper we explicitly model internal migration as the result of a job search process and demonstrate that...
Persistent link: https://www.econbiz.de/10013001873