Does homeownership hinder labor market activity? Evidence from housing privatization and restitution.

Kód výsledku v 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>

Nalezeny alternativní kódy

RIV/00216208:11220/23:10464914

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Does homeownership hinder labor market activity? Evidence from housing privatization and restitution.

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Does homeownership hinder labor market activity? Evidence from housing privatization and restitution.

Popis výsledku anglicky

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.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

<a href="/cs/project/GA15-17810S" target="_blank" >GA15-17810S: Po oponě: empirické studie migrace v tranzitivních ekonomikách</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2023

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

JOURNAL OF HOUSING ECONOMICS

ISSN

1051-1377

e-ISSN

1096-0791

Svazek periodika

61

Číslo periodika v rámci svazku

February

Stát vydavatele periodika

US - Spojené státy americké

Počet stran výsledku

13

Strana od-do

1-13

Kód UT WoS článku

001020072500001

EID výsledku v databázi Scopus

2-s2.0-85161669952