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Statut résidentiel et durée de chômage : une comparaisonmicroéconométrique entre la Grande-Bretagne et la France

Author

Listed:
  • Carole Brunet

    () (GATE - Groupe d'analyse et de théorie économique - UL2 - Université Lumière - Lyon 2 - Ecole Normale Supérieure Lettres et Sciences Humaines - CNRS - Centre National de la Recherche Scientifique)

  • Andrew E. Clark

    (DELTA - Département et Laboratoire d'Economie Théorique et Appliquée - ENS Paris - École normale supérieure - Paris - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique)

  • Jean-Yves Lesueur

    () (GATE - Groupe d'analyse et de théorie économique - UL2 - Université Lumière - Lyon 2 - Ecole Normale Supérieure Lettres et Sciences Humaines - CNRS - Centre National de la Recherche Scientifique)

Abstract

The objective of this paper is to provide microeconomic evidence for the so called “Oswald's hypothesis”, which is whether homeownership results in negative outcomes in the labour market. To estimate this effect we use two data base, comparing results from British Household Permanent Survey and French part of European Household Panel Survey. In a first step, a multinomial logit model for the choice of tenure status is estimated. Estimated probabilities of being either homeowner,public or private renter are 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 suggested strong differences between French and British household behaviour. Home-ownership has a positive effect on unemployment duration in France but no significant effect is detected in Britain. However we find a positive impact of public renters on unemployment duration in Britain. These stylised facts seems to confirm theexistence of a real spillover effect between labour market and housing market.

Suggested Citation

  • Carole Brunet & Andrew E. Clark & Jean-Yves Lesueur, 2006. "Statut résidentiel et durée de chômage : une comparaisonmicroéconométrique entre la Grande-Bretagne et la France," Post-Print halshs-00118751, HAL.
  • Handle: RePEc:hal:journl:halshs-00118751
    Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00118751
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    Cited by:

    1. Stéphane Pallage & Lyle Scruggs & Christian Zimmermann, 2009. "Unemployment Insurance Generosity: A Transatlantic Comparison," Annals of Economics and Statistics, GENES, issue 95-96, pages 15-23.

    More about this item

    Keywords

    Durée de chômage; statut résidentiel; mobilité;

    JEL classification:

    • C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand

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