IZA Discussion Paper No. 210
نویسنده
چکیده
Housing, Mobility and Unemployment ∗ This paper develops a model that shows why high-skilled workers move more and are therefore unemployed less than low-skilled workers. The model can explain the paradoxical empirical regularity that higher owner-occupation rates are associated with higher levels of unemployment although home-owners tend to be unemployed less. The choice of housing tenure affects moving costs and thereby regional mobility and unemployment. The paper analyzes the impact of symmetric and asymmetric shocks on mobility and unemployment, and discusses effects of government intervention in the housing market. In addition, it is shown that moving costs reduce job search effort and search effectiveness. JEL Classification: J6
منابع مشابه
IZA Discussion Paper No. 274
This Discussion Paper is issued within the framework of IZA's research area 7KHH:HOIDUH6WDWHH DQG/DERUU0DUNHWVAny opinions expressed here are those of the author(s) and not those of the institute. Research disseminated by IZA may include views on policy, but the institute itself takes no institutional policy positions. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual in...
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