Home ownership, job duration, and wages
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Home ownership, job duration, and wages. / Munch, Jakob Roland; Rosholm, Michael; Svarer, Michael.
I: Journal of Urban Economics, Bind 63, Nr. 1, 2008, s. 130-145.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt
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TY - JOUR
T1 - Home ownership, job duration, and wages
AU - Munch, Jakob Roland
AU - Rosholm, Michael
AU - Svarer, Michael
N1 - JEL classification: J6, R2
PY - 2008
Y1 - 2008
N2 - We investigate the impact of home ownership on individual job mobility and wages in Denmark. We find that home ownership has a negative impact on job-to-job mobility both in terms of transition into new local jobs and new jobs outside the local labor market. In addition, there is a clear negative effect of home ownership on the unemployment risk and a positive impact on wages. These results are robust to different strategies for correcting for the possible endogeneity of the home owner variable
AB - We investigate the impact of home ownership on individual job mobility and wages in Denmark. We find that home ownership has a negative impact on job-to-job mobility both in terms of transition into new local jobs and new jobs outside the local labor market. In addition, there is a clear negative effect of home ownership on the unemployment risk and a positive impact on wages. These results are robust to different strategies for correcting for the possible endogeneity of the home owner variable
U2 - 10.1016/j.jue.2007.01.003
DO - 10.1016/j.jue.2007.01.003
M3 - Journal article
VL - 63
SP - 130
EP - 145
JO - Journal of Urban Economics
JF - Journal of Urban Economics
SN - 0094-1190
IS - 1
ER -
ID: 2226690