Le Statut Résidentiel Affecte-t-il la Durée de Chômage ? Estimation microéconométrique de l’hypothèse d’Oswald sur données françaises

Carole Brunet and Jean-Yves Lesueur ()

No 302, Working Papers from Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon

Abstract: The objective of this paper is to provide microeconomic evidence for “Oswald’s hypothesis”, which is whether homeownership results in negative outcomes in the labour market. In a first step, a probit model for the choice of tenure status is estimated. The estimated probability of being a homeowner is then used to explain the length of an individual unemployment spell. This flexible method of estimation accounts for both censoring and selection bias, without constraining the shape of the hazard rate of leaving unemployment. Results from a 3,965 individuals French data set based on “TDE-MLT” survey suggest that home-ownership has a positive effect on unemployment duration, that is Oswald’s hypothesis is not invalidated.

Keywords: job search; mobility; residential status; selectivity bias; unemployment duration (search for similar items in EconPapers)
JEL-codes: C41 J61 J64 R21 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2003-02
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ftp://ftp.gate.cnrs.fr/RePEc/2003/0302.pdf (application/pdf)

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Working Paper: Le Statut Résidentiel Affecte-t-il la Durée de Chômage ? Estimation microéconométrique de l'hypothèse d'Oswald sur données françaises (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:gat:wpaper:0302

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