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Homeownership and unemployment

Author

Listed:
  • Gaetano Lisi

    (e-Campus University)

Abstract

The effect of homeownership on unemployment is, a priori, ambiguous. By introducing the role of homeowners in the “equilibrium unemployment theory”, however, this theoretical paper succeeds in establishing the sign of the relation between homeownership and unemployment.

Suggested Citation

  • Gaetano Lisi, 2022. "Homeownership and unemployment," Economics Bulletin, AccessEcon, vol. 42(4), pages 2308-2312.
    • Handle: RePEc:ebl:ecbull:eb-22-00635
    as

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    File URL: http://www.accessecon.com/Pubs/EB/2022/Volume42/EB-22-V42-I4-P190.pdf
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    References listed on IDEAS

    as
    1. David G. Blanchflower & Andrew J. Oswald, 2013. "Does High Home-Ownership Impair the Labor Market?," NBER Working Papers 19079, National Bureau of Economic Research, Inc.
    2. Jakob Roland Munch & Michael Rosholm & Michael Svarer, 2006. "Are Homeowners Really More Unemployed?," Economic Journal, Royal Economic Society, vol. 116(514), pages 991-1013, October.
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    5. Christopher A. Pissarides, 2011. "Equilibrium in the Labor Market with Search Frictions," American Economic Review, American Economic Association, vol. 101(4), pages 1092-1105, June.
    6. Isabel Palomares-Linares & Maarten van Ham, 2020. "Understanding the effects of homeownership and regional unemployment levels on internal migration during the economic crisis in Spain," Regional Studies, Taylor & Francis Journals, vol. 54(4), pages 515-526, April.
    7. Christopher A. Pissarides, 2000. "Equilibrium Unemployment Theory, 2nd Edition," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262161877, December.
    8. Julie Beugnot & Olivier Charlot & Guy Lacroix, 2019. "Does promoting homeownership always damage labour market performances?," Journal of Economics, Springer, vol. 127(2), pages 161-183, July.
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    10. Michiel van Leuvensteijn & Pierre Koning, 2006. "The Effect of Home-Ownership on Labour Mobility in the Netherlands," Chapters, in: Julián Messina & Claudio Michelacci & Jarkko Turunen & Gylfi Zoega (ed.), Labour Market Adjustments in Europe, chapter 6, Edward Elgar Publishing.
    11. Munch, Jakob Roland & Rosholm, Michael & Svarer, Michael, 2008. "Home ownership, job duration, and wages," Journal of Urban Economics, Elsevier, vol. 63(1), pages 130-145, January.
    12. DiPasquale, Denise & Glaeser, Edward L., 1999. "Incentives and Social Capital: Are Homeowners Better Citizens?," Journal of Urban Economics, Elsevier, vol. 45(2), pages 354-384, March.
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    More about this item

    Keywords

    Homeownership; Unemployment;

    JEL classification:

    • R2 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers

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