Homeownership, mobility, and unemployment: Evidence from housing privatization
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68378025%3A_____%2F20%3A00538688" target="_blank" >RIV/68378025:_____/20:00538688 - isvavai.cz</a>
Alternative codes found
RIV/62156489:43110/20:43918244 RIV/00216208:11210/20:10417108 RIV/00216208:11220/20:10417108
Result on the web
<a href="https://www.sciencedirect.com/science/article/pii/S1051137720300644?via%3Dihub" target="_blank" >https://www.sciencedirect.com/science/article/pii/S1051137720300644?via%3Dihub</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.jhe.2020.101728" target="_blank" >10.1016/j.jhe.2020.101728</a>
Alternative languages
Result language
angličtina
Original language name
Homeownership, mobility, and unemployment: Evidence from housing privatization
Original language description
Homeownership is believed to cause higher unemployment. This is because homeowners face higher mobility costs that limit their job search to local labor markets. Empirical tests of this prediction have yielded mixed results so far, possibly due to the endogeneity of homeownership. This paper proposes that the privatization of public housing in Central and Eastern Europe after the fall of the Iron Curtain was a substantial policy shock that generated largely exogenous assignment of homeownership to individual households. This facilitates a new test of the effects of homeownership on mobility and unemployment: First, our empirical results do not reject that homeownership reduces mobility. Second, our results are inconsistent with homeownership increasing unemployment.
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
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2020
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
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Volume of the periodical
50
Issue of the periodical within the volume
December
Country of publishing house
US - UNITED STATES
Number of pages
18
Pages from-to
1-18
UT code for WoS article
000592363700009
EID of the result in the Scopus database
2-s2.0-85089408902