Home ownership, job duration, and wages
Research output: Contribution to journal › Journal article › Research › peer-review
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
Original language | English |
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Journal | Journal of Urban Economics |
Volume | 63 |
Issue number | 1 |
Pages (from-to) | 130-145 |
Number of pages | 16 |
ISSN | 0094-1190 |
DOIs | |
Publication status | Published - 2008 |
ID: 2226690