The Effect of Underwater Mortgages on Unemployment
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Chan, Sewin, 2001. "Spatial Lock-in: Do Falling House Prices Constrain Residential Mobility?," Journal of Urban Economics, Elsevier, vol. 49(3), pages 567-586, May.
- Michael F. Lovenheim, 2011. "The Effect of Liquid Housing Wealth on College Enrollment," Journal of Labor Economics, University of Chicago Press, vol. 29(4), pages 741-771.
- Michael F. Lovenheim & Kevin J. Mumford, 2013. "Do Family Wealth Shocks Affect Fertility Choices? Evidence from the Housing Market," The Review of Economics and Statistics, MIT Press, vol. 95(2), pages 464-475, May.
- Sam Schulhofer-Wohl, 2012.
"Negative equity does not reduce homeowners’ mobility,"
Quarterly Review, Federal Reserve Bank of Minneapolis, issue Feb, pages 1-17.
- Sam Schulhofer-Wohl, 2010. "Negative equity does not reduce homeowners' mobility," Working Papers 682, Federal Reserve Bank of Minneapolis.
- Sam Schulhofer-Wohl, 2011. "Negative Equity Does Not Reduce Homeowners' Mobility," NBER Working Papers 16701, National Bureau of Economic Research, Inc.
- Fernando Ferreira & Joseph Gyourko & Joseph Tracy, 2012.
"Housing busts and household mobility: an update,"
Economic Policy Review, Federal Reserve Bank of New York, vol. 18(Nov), pages 1-15.
- Fernando Ferreira & Joseph Gyourko & Joseph Tracy, 2011. "Housing Busts and Household Mobility: An Update," NBER Working Papers 17405, National Bureau of Economic Research, Inc.
- Fernando Ferreira & Joseph Gyourko & Joseph Tracy, 2011. "Housing busts and household mobility: an update," Staff Reports 526, Federal Reserve Bank of New York.
- Gary Solon & Steven J. Haider & Jeffrey M. Wooldridge, 2015.
"What Are We Weighting For?,"
Journal of Human Resources, University of Wisconsin Press, vol. 50(2), pages 301-316.
- Gary Solon & Steven J. Haider & Jeffrey Wooldridge, 2013. "What Are We Weighting For?," NBER Working Papers 18859, National Bureau of Economic Research, Inc.
- Ferreira, Fernando & Gyourko, Joseph & Tracy, Joseph, 2010.
"Housing busts and household mobility,"
Journal of Urban Economics, Elsevier, vol. 68(1), pages 34-45, July.
- Fernando Ferreira & Joseph Gyourko & Joseph Tracy, 2008. "Housing busts and household mobility," Staff Reports 350, Federal Reserve Bank of New York.
- Fernando Ferreira & Joseph Gyourko & Joseph Tracy, 2008. "Housing Busts and Household Mobility," NBER Working Papers 14310, National Bureau of Economic Research, Inc.
- Mr. Marcello M. Estevão & Ms. Evridiki Tsounta, 2011. "Has the Great Recession Raised U.S. Structural Unemployment?," IMF Working Papers 2011/105, International Monetary Fund.
- Engelhardt, Gary V., 2003. "Nominal loss aversion, housing equity constraints, and household mobility: evidence from the United States," Journal of Urban Economics, Elsevier, vol. 53(1), pages 171-195, January.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Richard K. Green & Bingbing Wang, 2015. "Housing Tenure and Unemployment," Working Paper 9474, USC Lusk Center for Real Estate.
- Brown, Jennifer & Matsa, David A., 2020.
"Locked in by leverage: Job search during the housing crisis,"
Journal of Financial Economics, Elsevier, vol. 136(3), pages 623-648.
- Jennifer Brown & David A. Matsa, 2016. "Locked in by Leverage: Job Search during the Housing Crisis," NBER Working Papers 22929, National Bureau of Economic Research, Inc.
- Asaf Bernstein, 2021. "Negative Home Equity and Household Labor Supply," Journal of Finance, American Finance Association, vol. 76(6), pages 2963-2995, December.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Chan, Sewin & Haughwout, Andrew & Tracy, Joseph, 2015.
"How Mortgage Finance Affects the Urban Landscape,"
Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 987-1045,
Elsevier.
- Sewin Chan & Andrew F. Haughwout & Joseph Tracy, 2015. "How mortgage finance affects the urban landscape," Staff Reports 713, Federal Reserve Bank of New York.
- Coulson, N. Edward & Grieco, Paul L.E., 2013. "Mobility and mortgages: Evidence from the PSID," Regional Science and Urban Economics, Elsevier, vol. 43(1), pages 1-7.
- Bricker, Jesse & Bucks, Brian, 2016. "Negative home equity, economic insecurity, and household mobility over the Great Recession," Journal of Urban Economics, Elsevier, vol. 91(C), pages 1-12.
- Jesse Bricker & Brian Bucks, 2013. "Household mobility over the Great Recession: evidence from the U.S. 2007-09 Survey of Consumer Finances panel," Finance and Economics Discussion Series 2013-53, Board of Governors of the Federal Reserve System (U.S.).
- Andersson, Fredrik & Mayock, Tom, 2014. "How does home equity affect mobility?," Journal of Urban Economics, Elsevier, vol. 84(C), pages 23-39.
- Chris Cunningham & Robert R. Reed, 2012. "Housing wealth and wage bargaining," FRB Atlanta Working Paper 2012-20, Federal Reserve Bank of Atlanta.
- J.W.A.M. Steegmans & W.H.J. Hassink, 2015. "Decreasing house prices and household mobility: An empirical study on loss aversion and negative equity," Working Papers 15-12, Utrecht School of Economics.
- Bloze, Gintautas & Skak, Morten, 2016.
"Housing equity, residential mobility and commuting,"
Journal of Urban Economics, Elsevier, vol. 96(C), pages 156-165.
- Bloze, Gintautas & Skak, Morten, 2015. "Housing equity, residential mobility and commuting," Discussion Papers on Economics 16/2015, University of Southern Denmark, Department of Economics.
- Brown, Jennifer & Matsa, David A., 2020.
"Locked in by leverage: Job search during the housing crisis,"
Journal of Financial Economics, Elsevier, vol. 136(3), pages 623-648.
- Jennifer Brown & David A. Matsa, 2016. "Locked in by Leverage: Job Search during the Housing Crisis," NBER Working Papers 22929, National Bureau of Economic Research, Inc.
- Valletta, Robert G., 2013.
"House lock and structural unemployment,"
Labour Economics, Elsevier, vol. 25(C), pages 86-97.
- Robert G. Valletta, 2010. "House Lock and Structural Unemployment," Working Paper Series 2012-25, Federal Reserve Bank of San Francisco.
- Valletta, Robert G., 2012. "House Lock and Structural Unemployment," IZA Discussion Papers 7002, Institute of Labor Economics (IZA).
- Modestino, Alicia Sasser & Dennett, Julia, 2013.
"Are American homeowners locked into their houses? The impact of housing market conditions on state-to-state migration,"
Regional Science and Urban Economics, Elsevier, vol. 43(2), pages 322-337.
- Julia Dennett & Alicia Sasser Modestino, 2012. "Are American homeowners locked into their houses?: the impact of housing market conditions on state-to-state migration," Working Papers 12-1, Federal Reserve Bank of Boston.
- Yuliya Demyanyk & Dmytro Hryshko & María Jose Luengo-Prado & Bent E. Sørensen, 2017.
"Moving to a Job: The Role of Home Equity, Debt, and Access to Credit,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 9(2), pages 149-181, April.
- Yuliya Demyanyk & Dmytro Hryshko & María Jose Luengo-Prado & Bent E. Sorensen, 2013. "Moving to a job: The role of home equity, debt, and access to credit," Working Papers (Old Series) 1305, Federal Reserve Bank of Cleveland.
- Sørensen, Bent E & Luengo-Prado, Maria Jose & Demyanyk, Yuliya & Hryshko, Dmytro, 2013. "Moving to a Job: The Role of Home Equity, Debt, and Access to Credit," CEPR Discussion Papers 9474, C.E.P.R. Discussion Papers.
- Chris Cunningham & Kristopher Gerardi & Yannan Shen, 2017. "Fracking and Mortgage Default," FRB Atlanta Working Paper 2017-4, Federal Reserve Bank of Atlanta.
- Vicki Been & Ingrid Ellen & David N. Figlio & Ashlyn Nelson & Stephen Ross & Amy Ellen Schwartz & Leanna Stiefel, 2021.
"The Effects of Negative Equity on Children’s Educational Outcomes,"
NBER Working Papers
28428, National Bureau of Economic Research, Inc.
- Vicki Been & Ingrid Ellen & David Figlio & Ashlyn Aiko Nelson & Stephen L. Ross & Amy Ellen Schwartz & Leanna Stiefel, 2021. "The Effects of Negative Equity on Children's Educational Outcomes," Working Papers 2021-007, Human Capital and Economic Opportunity Working Group.
- Sander van Veldhuizen & Bart Voogt & Benedikt Vogt & Andrea Morescalchi, 2017. "Negative home equity and job mobility," CPB Discussion Paper 345, CPB Netherlands Bureau for Economic Policy Analysis.
- Cunningham, Chris & Reed, Robert R., 2013. "Negative equity and wages," Regional Science and Urban Economics, Elsevier, vol. 43(6), pages 841-849.
- Andrea Morescalchi, 2016.
"The Puzzle Of Job Search And Housing Tenure: A Reconciliation Of Theory And Empirical Evidence,"
Journal of Regional Science, Wiley Blackwell, vol. 56(2), pages 288-312, March.
- Morescalchi, Andrea, 2014. "The puzzle of job search and housing tenure. A reconciliation of theory and empirical evidence," MPRA Paper 59079, University Library of Munich, Germany.
- Foote, Andrew, 2016. "The effects of negative house price changes on migration: Evidence across U.S. housing downturns," Regional Science and Urban Economics, Elsevier, vol. 60(C), pages 292-299.
- Sterk, Vincent, 2015. "Home equity, mobility, and macroeconomic fluctuations," Journal of Monetary Economics, Elsevier, vol. 74(C), pages 16-32.
- Fernando Ferreira & Joseph Gyourko & Joseph Tracy, 2012.
"Housing busts and household mobility: an update,"
Economic Policy Review, Federal Reserve Bank of New York, vol. 18(Nov), pages 1-15.
- Fernando Ferreira & Joseph Gyourko & Joseph Tracy, 2011. "Housing busts and household mobility: an update," Staff Reports 526, Federal Reserve Bank of New York.
- Fernando Ferreira & Joseph Gyourko & Joseph Tracy, 2011. "Housing Busts and Household Mobility: An Update," NBER Working Papers 17405, National Bureau of Economic Research, Inc.
More about this item
Keywords
Housing; Mobility; Unemployment;All these keywords.
JEL classification:
- J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
- J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pur:prukra:1274. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Business PHD (email available below). General contact details of provider: https://edirc.repec.org/data/kspurus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.