176
Views
2
CrossRef citations to date
0
Altmetric
Original Articles

Do homeowners cope better with economic crises in terms of employment? An analysis of micro panel data from Spain, 2004–2013

Pages 566-583 | Received 09 Nov 2015, Accepted 03 Aug 2016, Published online: 16 Sep 2016

References

  • Alessie, R., Hochguertel, S. & Van Soest, A. (2004) Ownership of stocks and mutual funds: A panel data analysis, The Review of Economics and Statistics, 86(3), pp. 783–796.10.1162/0034653041811761
  • Barrios, J. A. & Rodríguez, J. E. (2004) User cost changes, unemployment and home-ownership: Evidence from Spain, Urban Studies, 41(3), pp. 563–578.
  • Battu, H., Ma, A. & Phimister, E. (2008) Housing tenure, job mobility and unemployment in the UK, The Economic Journal, 118, pp. 311–328.10.1111/ecoj.2008.118.issue-527
  • Bentolila, S., Cahuc, P., Dolado, J. J. & Le Barbanchon, T. (2012) Two-tier labour markets in the great recession: France versus Spain, The Economic Journal, 122, pp. F155–F187.10.1111/ecoj.2012.122.issue-562
  • Blanchflower, D. G. & Oswald, A. J. (2013) Does High Home-ownership Impair the Labor Market? NBER Working Paper No. 19079 (Cambridge, MA).10.3386/w19079
  • Brunet, C. & Lesueur, J. (2009) Do homeowners stay unemployed longer? A French microeconometric study, in: C. Van Ewijk & M. Van Leuvenjstein (Eds) Homeownership and the Labour Market in Europe, pp. 137–160 (New York, NY: Oxford University Press).
  • Chamberlain, G. (1980) Analysis of covariance with qualitative data, The Review of Economic Studies, 47, pp. 225–238.10.2307/2297110
  • Coulson, N. E. & Fisher, L. M. (2002) Tenure choice and labour market outcomes, Housing Studies, 17, pp. 35–49.10.1080/02673030120105875
  • Coulson, N. E. & Fisher, L. M. (2009) Housing tenure and labor market impacts: The search goes on, Journal of Urban Economics, 65(3), pp. 252–264.10.1016/j.jue.2008.12.003
  • Coulson, N. E. & Grieco, P. L. (2013) Mobility and mortgages: Evidence from the PSID, Regional Science and Urban Economics, 43, pp. 1–7.10.1016/j.regsciurbeco.2012.10.004
  • Della Vigna, S. & Paserman, M. D. (2005) Job search and impatience, Journal of Labor Economics, 23(3), pp. 527–588.10.1086/430286
  • Dohmen, T. J. (2005) Housing mobility and unemployment, Regional Science and Urban Economics, 35, pp. 305–325.10.1016/j.regsciurbeco.2004.04.001
  • Dujardin, C. & Goffette-Nagot, F. (2010) Neighborhood effects on unemployment? A test à la Altonji, Regional Science and Urban Economics, 40, pp. 380–396.10.1016/j.regsciurbeco.2010.05.001
  • Farber, H. S. (2012) Unemployment in the great recession: Did the housing market crisis prevent the unemployed from moving to take jobs?, American Economic Review, 102(3), pp. 520–525.10.1257/aer.102.3.520
  • Flatau, P., Forbes, M., Hendershott, P. H. & Wood, G. (2003) Homeownership and unemployment: The roles of leverage and public housing, NBER Working Paper 10021 (Cambridge, MA).10.3386/w10021
  • Green, R. K. & Hendershott, P. H. (2001) Home-ownership and unemployment in the US, Urban Studies, 38(9), pp. 1509–1520.10.1080/00420980126669
  • Head, A. & Lloyd-Ellis, H. (2012) Housing liquidity, mobility, and the labour market, Review of Economic Studies, 79(4), pp. 1559–1589.10.1093/restud/rds004
  • Henley, A. (1998) Residential mobility, housing equity and the labour market, The Economic Journal, 108, pp. 414–427.10.1111/ecoj.1998.108.issue-447
  • Ioannides, Y. M. & Loury, L. D. (2004) Job information networks, neighborhood effects, and inequality, Journal of Economic Literature, 42, pp. 1056–1093.10.1257/0022051043004595
  • Isebaert, D., Heylen, F. & Smolder, C. (2015) Houses and/or jobs: Ownership and the labour market in Belgian districts, Regional Studies, 49(8), pp. 1387–1406.10.1080/00343404.2013.837873
  • James, R. N. (2009) Tenant time preference as a barrier to homeownership, Applied Economics Letters, 16, pp. 1073–1077.10.1080/13504850701335327
  • Laamanen, J.-P. (2013) Home ownership and the labour market: Evidence from rental housing market deregulation, Tampere Economic Working Paper, No. 89 (University of Tampere). Available at http://tampub.uta.fi/handle/10024/68116 ( accessed 3 November 2015)
  • Mortensen, D. T. (1986) Job search and labour market analysis, in: O. Ashenfelter & D. Card (Eds) Handbook of Labor Economics, Vol. II, pp. 849–919 (Amsterdam: North Holland).
  • Munch, J. R., Rosholm, M. & Svarer, M. (2006) Are homeowners really more unemployed?, The Economic Journal, 116, pp. 991–1013.10.1111/ecoj.2006.116.issue-514
  • Munch, J. R., Rosholm, M. & Svarer, M. (2008) Home ownership, job duration and wages, Journal of Urban Economics, 63, pp. 130–145.10.1016/j.jue.2007.01.003
  • Mundlak, Y. (1978) On the pooling of time series and cross section data, Econometrica, 46, pp. 69–85.10.2307/1913646
  • Nickell, S. (1998) Unemployment: Questions and some answers, The Economic Journal, 108, pp. 802–816.10.1111/ecoj.1998.108.issue-448
  • Nickell, S. & Layard, R. (1999) Labor market institutions and economic performance, in: O. Ashenfeiter & D. Card (Eds) Handbook of Labor Economics, Vol. 3c, pp. 3029–3084 (New York, NY: North Holland).
  • Oswald, A. J. (1996) A Conjecture on the Explanation for High Unemployment in the Industrialized Nations: Part I, Warwick Economics Research Paper, #475 (Warwick: University of Warwick).
  • Oswald, A. J. (1999) The Housing Market and Europe’s Unemployment: A Non-technical paper, Unpublished manuscript (Warwick: University of Warwick).
  • Pareja, M. & San Martín, I. (2002) The tenure imbalance in Spain: The need for a social housing policy, Urban Studies, 39(2), pp. 283–295.
  • Picchio, M. & Van Ours, J. C. (2013) Retaining through training even for older workers, Economics of Education Review, 32, pp. 29–48.10.1016/j.econedurev.2012.08.004
  • Pissarides, C. A. (2000) Equilibrium Unemployment Theory (Cambridge: MIT Press).
  • Rogerson, R., Shimer, R. & Wright, R. (2005) Search-theoretic models of the labor market: A survey, Journal of Economic Literature, 43, pp. 959–988.10.1257/002205105775362014
  • Rouwendal, J. & Nijkamp, P. (2010) Homeownership and labour-market behaviour: Interpreting the evidence, Environment and Planning A, 42(2), pp. 419–433.10.1068/a41343
  • Stewart, M. B. (2007) The interrelated dynamics of unemployment and low-wage employment, Journal of Applied Econometrics, 22, pp. 511–531.10.1002/(ISSN)1099-1255
  • Van Ewijk, C. & Van Leuvenjstein, M. (2009) Homeownership and the Labour Market in Europe. (New York, NY: Oxford University Press).10.1093/acprof:oso/9780199543946.001.0001
  • Van Leuvenjstein, M. & Koning, P. (2004) The effect of home-ownership on labor mobility in the Netherlands, Journal of Urban Economics, 55, pp. 580–596.10.1016/j.jue.2003.12.001
  • Wooldridge, J. M. (2005) Simple solutions to the initial conditions problem for dynamic, nonlinear panel data models with unobserved heterogeneity, Journal of Applied Econometrics, 20, pp. 39–54.10.1002/(ISSN)1099-1255
  • Wooldridge, J. M. (2010) Econometric Analysis of Cross Section and Panel Data. (Cambridge MA: MIT Press).

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.