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

Author

Listed:
  • Carole Brunet

    (GATE CNRS Université Lyon 2)

  • Jean-Yves Lesueur

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.

Suggested Citation

  • Carole Brunet & Jean-Yves Lesueur, 2003. "Le Statut Résidentiel Affecte-t-il la Durée de Chômage ? Estimation microéconométrique de l’hypothèse d’Oswald sur données françaises," Working Papers 0302, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    • Handle: RePEc:gat:wpaper:0302
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    References listed on IDEAS

    as
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    Cited by:

    1. Pablo Casas-Arce & Albert Saiz, 2006. "Owning versus leasing: do courts matter?," Working Papers 06-21, Federal Reserve Bank of Philadelphia.

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    More about this item

    Keywords

    job search; mobility; residential status; selectivity bias; unemployment duration;
    All these keywords.

    JEL classification:

    • C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand

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