Does homeownership hinder labor market activity? Evidence from housing privatization and restitution.
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F23%3A00134139" target="_blank" >RIV/00216224:14560/23:00134139 - isvavai.cz</a>
Alternative codes found
RIV/00216208:11220/23:10464914
Result on the web
<a href="https://doi.org/10.1016/j.jhe.2023.101949" target="_blank" >https://doi.org/10.1016/j.jhe.2023.101949</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.jhe.2023.101949" target="_blank" >10.1016/j.jhe.2023.101949</a>
Alternative languages
Result language
angličtina
Original language name
Does homeownership hinder labor market activity? Evidence from housing privatization and restitution.
Original language description
We study whether homeownership hinders labor force participation and increases unemployment. Using a unique dataset from the city of Brno, Czech Republic, we exploit housing reforms that followed the Velvet Revolution, and the subsequent fall of communism, as a source of exogenous assignment of homeownership. Across several estimation approaches, we do not find any evidence of homeownership hindering labor market activity. The estimated effects on labor force participation are around zero and our estimates for unemployment suggest that homeownership reduces it by four to six percentage points. Homeownership thus appears to benefit labor market performance.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
<a href="/en/project/GA15-17810S" target="_blank" >GA15-17810S: After the curtain: empirical studies of migration in transition economies</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
JOURNAL OF HOUSING ECONOMICS
ISSN
1051-1377
e-ISSN
1096-0791
Volume of the periodical
61
Issue of the periodical within the volume
February
Country of publishing house
US - UNITED STATES
Number of pages
13
Pages from-to
1-13
UT code for WoS article
001020072500001
EID of the result in the Scopus database
2-s2.0-85161669952