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| Titre : | Home-ownership and the Labour Market: Evidence from Rental Housing Market Deregulation (2017) |
| Auteurs : | Jani-Petri Laamanen |
| Type de document : | Article : texte imprimé |
| Dans : | Labour economics (vol. 48, October 2017) |
| Article en page(s) : | pp. 157-167 |
| Langues: | Anglais |
| Catégories : |
Thésaurus CEREQ CONDITION DE VIE ; CHOMAGE ; STATISTIQUE D'EMPLOI ; ECONOMETRIE ; MODELISATION ; FINLANDE |
| Résumé : | Perhaps the most common finding relating housing to the labour market is that high home-ownership rates are associated with higher unemployment. In contrast, recent micro-evidence suggests that home-owners have relatively favourable labour market outcomes. We explore the effect of home-ownership on unemployment exploiting a rental housing market deregulation reform which created exogenous variation in home-ownership across regions, allowing us to avoid the endogeneity problem in earlier studies. While home-owners are less likely to experience unemployment, an increase in the home-ownership rate causes unemployment to rise. Externalities arising from consumption reductions and increased job competition may explain the conflicting evidence. (Source : revue) |
| Document Céreq : | Non |
| En ligne : | https://www.sciencedirect.com/science/article/pii/S0927537117302725 |
