Home ownership, job duration, and wages

Jakob Munch, Michael Rosholm and Michael Svarer

Journal of Urban Economics, 2008, vol. 63, issue 1, 130-145

Abstract: 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.

Keywords: Home; ownership; Job; mobility; Duration; model (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (68)

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Related works:
Working Paper: Home Ownership, Job Duration, and Wages (2006)
Working Paper: Home Ownership, Job Duration and Wages (2006)
Working Paper: Home Ownership, Job Duration, and Wages (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:juecon:v:63:y:2008:i:1:p:130-145

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