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Homeownership is believed to cause higher unemployment. This is because homeowners face higher mobility costs that … households. This facilitates a new test of the effects of homeownership on mobility and unemployment. We find only weak evidence … that homeowners are less willing to move and no evidence of higher unemployment risks relative to renters. …
Persistent link: https://www.econbiz.de/10011775653
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 …
Persistent link: https://www.econbiz.de/10010262416
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 …
Persistent link: https://www.econbiz.de/10011339088
The relationships among geographical mobility, unemployment and the value of owner-occupied housing are studied in an … equilibrium, unemployment rates for home-owners are higher than for otherwise identical renters. Unemployment and home … more mobile than owners, the impact of home-ownership on aggregate unemployment is quantitatively small. …
Persistent link: https://www.econbiz.de/10010290316
Persistent link: https://www.econbiz.de/10001794599
Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …
Persistent link: https://www.econbiz.de/10011413609
has shown that parents support their children financially through an unemployment spell. In this paper, we also provide …
Persistent link: https://www.econbiz.de/10012852958
, focussing on vacancy information obtained early in the unemployment spell. As in many other countries, the German activation … propensity score matching approach, we find that vacancy information increases the entry rate into unemployment predominantly by … through other channels. In case of continued unemployment, early vacancy information reduces the participation rate in ALMP …
Persistent link: https://www.econbiz.de/10011407937
The approach put forward in this article is based on Schumpeter`s idea of creative destruction, the competitive process by which entrepreneurs are always looking for new ideas that will render their rivals` ideas obsolete. I present a model in which the rate of economic growth is sensitive to...
Persistent link: https://www.econbiz.de/10010301336
The approach put forward in this article is based on Schumpeter's idea of creative destruction, the competitive process by which entrepreneurs are always looking for new ideas that will render their rivals' ideas obsolete. I present a model in which the rate of economic growth is sensitive to...
Persistent link: https://www.econbiz.de/10010499923