Detailed Information on Publication Record
2020
Homeownership, mobility, and unemployment: Evidence from housing privatization
BROULIKOVA, Hana Marie, Peter HUBER, Josef MONTAG and Petr SUNEGABasic information
Original name
Homeownership, mobility, and unemployment: Evidence from housing privatization
Authors
BROULIKOVA, Hana Marie, Peter HUBER, Josef MONTAG and Petr SUNEGA
Edition
JOURNAL OF HOUSING ECONOMICS, SAN DIEGO, ACADEMIC PRESS INC ELSEVIER SCIENCE, 2020, 1051-1377
Other information
Language
English
Type of outcome
Článek v odborném periodiku
Field of Study
50202 Applied Economics, Econometrics
Country of publisher
Czech Republic
Confidentiality degree
není předmětem státního či obchodního tajemství
Impact factor
Impact factor: 1.705
UT WoS
000592363700009
Keywords in English
Homeownership; Housing privatization; Mobility; Unemployment
Tags
International impact, Reviewed
Změněno: 22/10/2021 18:11, Mgr. Martin Guzi, Ph.D.
Abstract
V originále
Homeownership is believed to cause higher unemployment. This is because homeowners face higher mobility costs that limit their job search to local labor markets. Empirical tests of this prediction have yielded mixed results so far, possibly due to the endogeneity of homeownership. This paper proposes that the privatization of public housing in Central and Eastern Europe after the fall of the Iron Curtain was a substantial policy shock that generated largely exogenous assignment of homeownership to individual households. This facilitates a new test of the effects of homeownership on mobility and unemployment: First, our empirical results do not reject that homeownership reduces mobility. Second, our results are inconsistent with homeownership increasing un-employment.
Links
| GA15-17810S, research and development project |
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