Rendón, Sílvio; Quella, Núria - 2013
job search with liquid wealth accumulation and consumption of housing that can be rented, bought on credit, or sold. In … job search. More selective job searches deteriorate employment transitions: job finding and job-to-job transitions rates … using NLSY data from 1978 until 2005. We find that more relaxed housing lending conditions, particularly lower downpayment …