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

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Author Info

  • Carole Brunet

    ()
    (GATE CNRS Université Lyon 2)

  • Jean-Yves Lesueur

    ()

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    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.

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    File URL: ftp://ftp.gate.cnrs.fr/RePEc/2003/0302.pdf
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    Bibliographic Info

    Paper provided by Groupe d'Analyse et de Théorie Economique (GATE), Centre national de la recherche scientifique (CNRS), Université Lyon 2, Ecole Normale Supérieure in its series Working Papers with number 0302.

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    Length: 26 pages
    Date of creation: Feb 2003
    Date of revision:
    Handle: RePEc:gat:wpaper:0302

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    Related research

    Keywords: job search; mobility; residential status; selectivity bias; unemployment duration;

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    References

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    1. Richard Blundell & Mónica Costa Dias, 2008. "Alternative Approaches to Evaluation in Empirical Microeconomics," CEF.UP Working Papers 0805, Universidade do Porto, Faculdade de Economia do Porto.
    2. Richard Layard & Stephen Nickell, 1998. "Labour Market Institutions and Economic Performance," CEP Discussion Papers dp0407, Centre for Economic Performance, LSE.
    3. van den Berg, Gerard J & Gorter, Cees, 1997. "Job Search and Commuting Time," Journal of Business & Economic Statistics, American Statistical Association, vol. 15(2), pages 269-81, April.
    4. Michiel van Leuvensteijn & Pierre Koning, 2000. "The effects of home-ownership on labour mobility in the Netherlands: Oswald's theses revisited," CPB Research Memorandum 173, CPB Netherlands Bureau for Economic Policy Analysis.
    5. Wasmer, Etienne & Zenou, Yves, 2002. "Does City Structure Affect Job Search and Welfare?," Journal of Urban Economics, Elsevier, vol. 51(3), pages 515-541, May.
    6. Heckman, James J, 1990. "Varieties of Selection Bias," American Economic Review, American Economic Association, vol. 80(2), pages 313-18, May.
    7. Heckman, James J. & Robb, Richard Jr., 1985. "Alternative methods for evaluating the impact of interventions : An overview," Journal of Econometrics, Elsevier, vol. 30(1-2), pages 239-267.
    8. Claudie Louvot, 2001. "Le logement dans l'Union européenne : la propriété prend le pas sur la location," Économie et Statistique, Programme National Persée, vol. 343(1), pages 29-50.
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