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Title:Home ownership, job duration, and wages PDF Logo
Authors:Munch, Jakob Roland
Rosholm, Michael
Svarer, Michael
Issue Date:2006
Series/Report no.:IZA Discussion Papers 2110
Abstract:We investigate the impact of home ownership on individual job mobility and wages in Denmark. We find that home ownership has a negative impact on job-to-job mobility both in terms of transition into new local jobs and new jobs outside the local labour market. In addition, there is a clear negative effect of home ownership on the unemployment risk and a positive impact on wages. These results are robust to different strategies for correcting for the possible endogeneity of the home owner variable.
Subjects:home ownership
job mobility
duration model
JEL:J6
R2
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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