Stuck At Home? The Drag of Homeownership on Earnings After Job Separation

Eva de Francisco (), Joaquin Garcia-Cabo and Tyler Powell ()
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Joaquin Garcia-Cabo: https://www.federalreserve.gov/econres/joaquin-garcia-cabo.htm

No 2020-11-12-1, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: This note takes a novel approach to study the question of whether housing ownership has negative effects on workers' mobility. While most of the literature has focused on studying differential migration rates between owners and renters, commonly known as "house-lock", we analyze this question from the perspective of differences in earnings.

Date: 2020-11-12
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2020-11-12-1

DOI: 10.17016/2380-7172.2802

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