unemployment rates. To this end, we develop a matching model à la Pissarides (2000) in which homeowners are assumed to be less … depends crucially on the importance of mobility costs; (2) while higher homeownership may harm macroeconomic labour market …

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. …

their home. I analyze the relationship between such “house lock” and the elevated levels and persistence of unemployment … search in the local labor market for homeowners whose home value has declined, I focus on differences in unemployment … method that enables the estimation of individual and aggregate covariate effects on unemployment durations using repeated …

-off policy of firms can explain the relatively high level of unemployment amongst lower educated workers and the relatively … strong sensitivity of their unemployment rate to the business cycle. We find that lay-off rates decrease with education but … with a higher level of education can not explain the stronger cyclicality of the unemployment rate for lower educated …

A recent decline in geographic mobility in the United States may have been caused in part by falling house prices … their home. I analyze the relationship between such "house lock" and the elevated levels and persistence of unemployment … unemployment duration between homeowners and renters across geographic areas differentiated by the severity of the decline in home …

-off policy of firms can explain the relatively high level of unemployment amongst lower educated workers and the relatively … strong sensitivity of their unemployment rate to the business cycle. We find that lay-off rates decrease with education but … with a higher level of education can not explain the stronger cyclicality of the unemployment rate for lower educated …

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 …

A recent decline in geographic mobility in the United States may have been caused in part by falling house prices … home. I analyze the relationship between such house lock and the elevated levels and persistence of unemployment during the … job search in the local labor market for homeowners whose home value has declined, I focus on differences in unemployment …

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 …