Understanding the Effects of Homeownership and Regional Unemployment Levels on Migration during the Economic Crisis in Spain

Isabel Palomares-Linares () and Maarten van Ham
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Isabel Palomares-Linares: Universidad de Granada

No 10232, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: The Spanish labour market is characterised by high levels of unemployment, which have increased during the global economic crisis. Spain is also a country which is characterised by a very high percentage of homeownership, with more than 83% of households being owner-occupiers. Both regional levels of unemployment and homeownership are known to be important factors influencing the spatial mobility decisions of households, but little is known about how these factors influenced mobility during the recent economic crisis. This paper uses rich individual level microdata from the last two Spanish censuses (2001 and 2011) to study the effect of homeownership and regional unemployment levels on both short and long distance mobility. Our finding suggest that the role, influence and interconnection of unemployment and homeownership in mobility decision have changed in the last decade.

Keywords: economic recession; long distance mobility; short distance mobility; unemployment rate; homeownership (search for similar items in EconPapers)
JEL-codes: J21 J61 J64 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2016-09
New Economics Papers: this item is included in nep-int
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Published - published in: Regional Studies, 2020, 54, 515 - 526

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