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Le Statut Résidentiel Affecte-t-il la Durée de Chômage ? Estimation microéconométrique de l'hypothèse d'Oswald sur données françaises

Author

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  • Carole Brunet

    (GATE - Groupe d'analyse et de théorie économique - UL2 - Université Lumière - Lyon 2 - ENS LSH - Ecole Normale Supérieure Lettres et Sciences Humaines - CNRS - Centre National de la Recherche Scientifique)

  • Jean-Yves Lesueur

    (GATE - Groupe d'analyse et de théorie économique - UL2 - Université Lumière - Lyon 2 - ENS LSH - Ecole Normale Supérieure Lettres et Sciences Humaines - CNRS - Centre National de la Recherche Scientifique)

Abstract

The objective of this paper is to provide microeconomic evidence for "Oswald's hypothesis", which is whether homeownership results in negative outcomes in the labour market. In a first step, a probit model for the choice of tenure status is estimated. The estimated probability of being a homeowner is then used to explain the length of an individual unemployment spell. This flexible method of estimation accounts for both censoring and selection bias, without constraining the shape of the hazard rate of leaving unemployment. Results from a 3,965 individuals French data set based on "TDE-MLT" survey suggest that home-ownership has a positive effect on unemployment duration, that is Oswald's hypothesis is not invalidated.

Suggested Citation

  • Carole Brunet & Jean-Yves Lesueur, 2003. "Le Statut Résidentiel Affecte-t-il la Durée de Chômage ? Estimation microéconométrique de l'hypothèse d'Oswald sur données françaises," Post-Print halshs-00178544, HAL.
    • Handle: RePEc:hal:journl:halshs-00178544
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00178544
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    References listed on IDEAS

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    Cited by:

    1. Pablo Casas-Arce & Albert Saiz, 2006. "Owning versus leasing: do courts matter?," Working Papers 06-21, Federal Reserve Bank of Philadelphia.

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    More about this item

    Keywords

    job search; mobility; residential status; selectivity bias; unemployment duration; biais de sélection; durée de chômage; mobilité; recherche d'emploi; statut résidentiel;
    All these keywords.

    JEL classification:

    • C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies
    • 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
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand

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