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Is there a link between homeownership and unemployment? Evidence from German regional data

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  • Oliver Lerbs

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  • Oliver Lerbs, 2011. "Is there a link between homeownership and unemployment? Evidence from German regional data," International Economics and Economic Policy, Springer, vol. 8(4), pages 407-426, December.
    • Handle: RePEc:kap:iecepo:v:8:y:2011:i:4:p:407-426
    DOI: 10.1007/s10368-011-0181-4
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    References listed on IDEAS

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    1. Gavin Cameron & John Muellbauer, 1998. "The Housing Market and Regional Commuting and Migration Choices," Scottish Journal of Political Economy, Scottish Economic Society, vol. 45(4), pages 420-446, September.
    2. Annekatrin Niebuhr & Nadia Granato & Anette Haas & Silke Hamann, 2012. "Does Labour Mobility Reduce Disparities between Regional Labour Markets in Germany?," Regional Studies, Taylor & Francis Journals, vol. 46(7), pages 841-858, September.
    3. Edward L. Glaeser & Jesse M. Shapiro, 2003. "The Benefits of the Home Mortgage Interest Deduction," NBER Chapters, in: Tax Policy and the Economy, Volume 17, pages 37-82, National Bureau of Economic Research, Inc.
    4. Jaakko Pehkonen, 1999. "Unemployment and home-ownership," Applied Economics Letters, Taylor & Francis Journals, vol. 6(5), pages 263-265.
    5. repec:bla:scotjp:v:45:y:1998:i:4:p:420-46 is not listed on IDEAS
    6. Jens Suedekum, 2005. "Increasing returns and spatial unemployment disparities," Papers in Regional Science, Wiley Blackwell, vol. 84(2), pages 159-181, June.
    7. Haurin, Donald R. & Gill, H. Leroy, 2002. "The Impact of Transaction Costs and the Expected Length of Stay on Homeownership," Journal of Urban Economics, Elsevier, vol. 51(3), pages 563-584, May.
    8. Richard K. Green & Patric H. Hendershott, 2001. "Home-ownership and Unemployment in the US," Urban Studies, Urban Studies Journal Limited, vol. 38(9), pages 1509-1520, August.
    9. 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.
    10. James H. Stock & Mark W. Watson, 2008. "Heteroskedasticity-Robust Standard Errors for Fixed Effects Panel Data Regression," Econometrica, Econometric Society, vol. 76(1), pages 155-174, January.
    11. Dietz, Robert D. & Haurin, Donald R., 2003. "The social and private micro-level consequences of homeownership," Journal of Urban Economics, Elsevier, vol. 54(3), pages 401-450, November.
    12. Casper van Ewijk & Michiel van Leuvensteijn, 2009. "Homeownership and the labour market in Europe," CPB Special Publication 79, CPB Netherlands Bureau for Economic Policy Analysis.
    13. Oswald Andrew J., 1996. "A Conjecture on the Explanation for High Unemployment in the Industrialized Nations : Part I," The Warwick Economics Research Paper Series (TWERPS) 475, University of Warwick, Department of Economics.
    14. John Muellbauer & Anthony Murphy, 2008. "Housing markets and the economy: the assessment," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 24(1), pages 1-33, spring.
    15. Coulson, N. Edward & Fisher, Lynn M., 2009. "Housing tenure and labor market impacts: The search goes on," Journal of Urban Economics, Elsevier, vol. 65(3), pages 252-264, May.
    16. Eckey, Hans-Friedrich & Schwengler, Barbara & Türck, Matthias, 2007. "Vergleich von deutschen Arbeitsmarktregionen," IAB-Discussion Paper 200703, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    17. Michael C. Burda & Jennifer Hunt, 2001. "From Reunification to Economic Integration: Productivity and the Labor Market in Eastern Germany," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 32(2), pages 1-92.
    18. J. Paul Elhorst, 2003. "The Mystery of Regional Unemployment Differentials: Theoretical and Empirical Explanations," Journal of Economic Surveys, Wiley Blackwell, vol. 17(5), pages 709-748, December.
    19. Gordon Hughes & Barry McCormick, 1991. "Housing Markets, Unemployment and Labour Market Flexibility in the U.K," NBER Chapters, in: International Volatility and Economic Growth: The First Ten Years of The International Seminar on Macroeconomics, pages 83-114, National Bureau of Economic Research, Inc.
    20. Mark Partridge & Dan Rickman, 1997. "The Dispersion of US State Unemployment Rates: The Role of Market and Non-market Equilibrium Factors," Regional Studies, Taylor & Francis Journals, vol. 31(6), pages 593-606.
    21. Casper van Ewijk & Michiel van Leuvensteijn, 2009. "Homeownership and the labour market in Europe," CPB Special Publication 79.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
    22. van Ewijk, Casper & van Leuvensteijn, Michiel (ed.), 2009. "Homeownership and the Labour Market in Europe," OUP Catalogue, Oxford University Press, number 9780199543946.
    23. Johnes, Geraint & Hyclak, Thomas, 1994. "House Prices, Migration, and Regional Labor Markets," Journal of Housing Economics, Elsevier, vol. 3(4), pages 312-329, December.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Konstantin A. Kholodilin & Sebastian Kohl & Tobias Niemeyer, 2019. "Steuerliche Instrumente der Wohneigentumsförderung," DIW Roundup: Politik im Fokus 132, DIW Berlin, German Institute for Economic Research.
    2. Theodore Panagiotidis & Panagiotis Printzis, 2016. "On the macroeconomic determinants of the housing market in Greece: a VECM approach," International Economics and Economic Policy, Springer, vol. 13(3), pages 387-409, July.
    3. Daan Isebaert & Freddy Heylen & Carine Smolders, 2015. "Houses and/or Jobs: Ownership and the Labour Market in Belgian Districts," Regional Studies, Taylor & Francis Journals, vol. 49(8), pages 1387-1406, August.
    4. Wolf, Nikolaus & Caruana-Galizia, Paul, 2015. "Bombs, homes, and jobs: Revisiting the Oswald hypothesis for Germany," Economics Letters, Elsevier, vol. 135(C), pages 65-68.
    5. Welters, Riccardo & Gerards, Ruud & Mellor, Kyran, 2024. "Homeownership, the unemployed and financial hardship," Journal of Housing Economics, Elsevier, vol. 64(C).
    6. Jie Chen & Mingzhi Hu & Zhenguo Lin, 2023. "China’s Housing Reform and Labor Market Participation," The Journal of Real Estate Finance and Economics, Springer, vol. 67(2), pages 218-242, August.
    7. Gabriel M. Ahlfeldt & Wolfgang Maennig, 2019. "Gewinner und Verlierer von Stadtentwicklung: Ein Plädoyer für mehr Wohneigentum [Winners and losers of urban development: A plea for more home ownership]," Zeitschrift für Immobilienökonomie (German Journal of Real Estate Research), Springer;Gesellschaft für Immobilienwirtschaftliche Forschung e. V., vol. 5(1), pages 111-130, November.
    8. Tripathi, Sabyasachi, 2019. "Macroeconomic Determinants of Housing Prices: A Cross Country Level Analysis," MPRA Paper 98089, University Library of Munich, Germany.

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    More about this item

    Keywords

    Homeownership; Oswald’s hypothesis; German regions; J61; J64; R23;
    All these keywords.

    JEL classification:

    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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