| BROULIKOVA, Hana Marie, Peter HUBER, Josef MONTAG and Petr SUNEGA. Homeownership, mobility, and unemployment: Evidence from housing privatization. JOURNAL OF HOUSING ECONOMICS. SAN DIEGO: ACADEMIC PRESS INC ELSEVIER SCIENCE, 2020, vol. 50, 18 pp. ISSN 1051-1377. Available from: https://dx.doi.org/10.1016/j.jhe.2020.101728. |
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@article{1797440,
author = {Broulikova, Hana Marie and Huber, Peter and Montag, Josef and Sunega, Petr},
article_location = {SAN DIEGO},
doi = {http://dx.doi.org/10.1016/j.jhe.2020.101728},
keywords = {Homeownership; Housing privatization; Mobility; Unemployment},
language = {eng},
issn = {1051-1377},
journal = {JOURNAL OF HOUSING ECONOMICS},
title = {Homeownership, mobility, and unemployment: Evidence from housing privatization},
volume = {50},
year = {2020}
}
TY - JOUR
ID - 1797440
AU - Broulikova, Hana Marie - Huber, Peter - Montag, Josef - Sunega, Petr
PY - 2020
TI - Homeownership, mobility, and unemployment: Evidence from housing privatization
JF - JOURNAL OF HOUSING ECONOMICS
VL - 50
PB - ACADEMIC PRESS INC ELSEVIER SCIENCE
SN - 10511377
KW - Homeownership
KW - Housing privatization
KW - Mobility
KW - Unemployment
N2 - 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.
ER -
BROULIKOVA, Hana Marie, Peter HUBER, Josef MONTAG and Petr SUNEGA. Homeownership, mobility, and unemployment: Evidence from housing privatization. \textit{JOURNAL OF HOUSING ECONOMICS}. SAN DIEGO: ACADEMIC PRESS INC ELSEVIER SCIENCE, 2020, vol.~50, 18 pp. ISSN~1051-1377. Available from: https://dx.doi.org/10.1016/j.jhe.2020.101728.
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