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Housing and labor decisions of households

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  • M. Colom
  • M. Molés

Abstract

In this paper, we analyze the relationship between the demand for housing and the family employment. To do so, we develop an economic model and use a sample of Spanish households to analyze the housing tenure choice (ownership or rental of the house) and the demand for housing in relation to family labor decisions. We have gone beyond previous studies by incorporating the discrete decisions of tenure choice and the participation of women in the labor market, proving that these decisions are interrelated and broadening the scope of our findings and conclusions. We obtained an important description of the effect of economic factors on housing and labor decisions and demonstrated that a change in a family’s employment decisions affects housing decisions and vice versa. In addition, we determined to what extent housing and labor decisions are affected by changes in the wife’s educational level and changes in family composition. Our findings show that the labor decisions have more sensitivity than housing decisions to these changes. Copyright Springer Science+Business Media New York 2013

Suggested Citation

  • M. Colom & M. Molés, 2013. "Housing and labor decisions of households," Review of Economics of the Household, Springer, vol. 11(1), pages 55-82, March.
    • Handle: RePEc:kap:reveho:v:11:y:2013:i:1:p:55-82
    DOI: 10.1007/s11150-012-9165-6
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    Cited by:

    1. Philipp M Lersch & Wilfred Uunk, 2017. "The shadow of future homeownership: the association of wanting to move into homeownership with labour supply," Work, Employment & Society, British Sociological Association, vol. 31(3), pages 522-541, June.
    2. Martha Starr, 2014. "Gender, added-worker effects, and the 2007–2009 recession: Looking within the household," Review of Economics of the Household, Springer, vol. 12(2), pages 209-235, June.

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    More about this item

    Keywords

    Housing tenure; Housing demand; Family labor supply; Female participation in the labor market; J22; J29; R21; R29;
    All these keywords.

    JEL classification:

    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • J29 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Other
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • R29 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Other

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