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Does Homeownership Harm Labour Market Performances? A Survey

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  • Nathalie Havet

    (Université de Lyon, Lyon, F-69003, France; CNRS, GATE Lyon St Etienne, UMR 5824, 93, chemin des Mouilles, Ecully, F-69130, France; ENS-LSH, Lyon, France)

  • Alexis Penot

    (Université de Lyon, Lyon, F-69003, France; CNRS, GATE Lyon St Etienne, UMR 5824, 93, chemin des Mouilles, Ecully, F-69130, France; ENS-LSH, Lyon, France)

Abstract

While many countries have implemented various incentives to promote homeownership, this paper investigates the literature on the relationship between this residential status and the labour market performances. Since the rather negative original contribution by Oswald (1996), the literature has been extending the analyses to more precise measures of labor markets performances, to more subtle descriptions of residential status and to more sophisticated econometric techniques on individual data. Overall, the Oswald's hypothesis nds little support.

Suggested Citation

  • Nathalie Havet & Alexis Penot, 2010. "Does Homeownership Harm Labour Market Performances? A Survey," Working Papers 1012, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    • Handle: RePEc:gat:wpaper:1012
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    References listed on IDEAS

    as
    1. Casper van Ewijk & Michiel van Leuvensteijn, 2009. "Homeownership and the labour market in Europe," CPB Special Publication 79, CPB Netherlands Bureau for Economic Policy Analysis.
    2. Michiel van Leuvensteijn & Pierre Koning, 2006. "The Effect of Home-Ownership on Labour Mobility in the Netherlands," Chapters, in: Julián Messina & Claudio Michelacci & Jarkko Turunen & Gylfi Zoega (ed.), Labour Market Adjustments in Europe, chapter 6, Edward Elgar Publishing.
    3. Aico van Vuuren & Michiel van Leuvensteijn, 2007. "The impact of homeownership on unemployment in the Netherlands," CPB Discussion Paper 86, CPB Netherlands Bureau for Economic Policy Analysis.
    4. Casper van Ewijk & Michiel van Leuvensteijn, 2009. "Homeownership and the labour market in Europe," CPB Special Publication 79.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
    5. van Ewijk, Casper & van Leuvensteijn, Michiel (ed.), 2009. "Homeownership and the Labour Market in Europe," OUP Catalogue, Oxford University Press, number 9780199543946.
    6. Michiel van Leuvensteijn & Thomas de Graaff, 2007. "The impact of housing market institutions on labour mobility; a European cross-country comparison," CPB Discussion Paper 82.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
    7. Michiel van Leuvensteijn & Thomas de Graaff, 2007. "The impact of housing market institutions on labour mobility; a European cross-country comparison," CPB Discussion Paper 82, CPB Netherlands Bureau for Economic Policy Analysis.
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    More about this item

    Keywords

    housing tenure choice; Oswald's hypothesis; labour market transitions; wages;
    All these keywords.

    JEL classification:

    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers
    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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