La propriété immobilière est-elle un obstacle pour sortir du chômage ?

Carole Brunet, Nathalie Havet () and Jean-Yves Lesueur

Économie et Prévision, 2012, vol. 200, issue 2, 161-183

Abstract: [eng] Does Homeownership Hinder Exits from Unemployment ? . This study uses microeconomic data to test “ Oswald’s hypothesis”, which postulates a link between rising homeownership rates and longer unemployment spells. We contribute to the existing literature by contrasting econometric results for France and the United States, whose labour and housing markets function and interact in very different ways. Using unemployment-spell samples from the French part of the European Community Household Panel and the Panel Study of Income Dynamics, both covering 1994-2001, we estimate mixed proportional hazard models incorporating simultaneous behaviours in the housing and labour markets. Ourmain results indicate that homeownership is not significantly related to longer unemployment spells in the United States, while French homeowners exhibit faster re-employment rates than renters. [fre] Does Homeownership Hinder Exits from Unemployment ? . This study uses microeconomic data to test “ Oswald’s hypothesis”, which postulates a link between rising homeownership rates and longer unemployment spells. We contribute to the existing literature by contrasting econometric results for France and the United States, whose labour and housing markets function and interact in very different ways. Using unemployment-spell samples from the French part of the European Community Household Panel and the Panel Study of Income Dynamics, both covering 1994-2001, we estimate mixed proportional hazard models incorporating simultaneous behaviours in the housing and labour markets. Ourmain results indicate that homeownership is not significantly related to longer unemployment spells in the United States, while French homeowners exhibit faster re-employment rates than renters.

Date: 2012
Note: DOI:10.3406/ecop.2012.8112
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://doi.org/10.3406/ecop.2012.8112 (text/html)
https://www.persee.fr/doc/ecop_0249-4744_2012_num_200_2_8112 (text/html)

Related works:
Working Paper: La propriété immobilière est-elle un obstacle pour sortir du chômage ? (2012)
Working Paper: La propriété immobilière est-elle un obstacle pour sortir du chômage ? (2010)
Working Paper: La propriété immobilière est-elle un obstacle pour sortir du chômage ? (2010)
Working Paper: La propriété immobilière est-elle un obstacle pour sortir du chômage ? (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:prs:ecoprv:ecop_0249-4744_2012_num_200_2_8112

Access Statistics for this article

Économie et Prévision is currently edited by Ministère de l'économie, des finances et de l'industrie

More articles in Économie et Prévision from Programme National Persée
Bibliographic data for series maintained by Equipe PERSEE ().