Home Ownership, Job Duration, and Wages

Jakob Roland Munch; Michael Rosholm; Michael Svarer

Home Ownership, Job Duration, and Wages

Jakob Roland Munch, Michael Rosholm, Michael Svarer

Department of Economics

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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

Original language	English
Place of Publication	Cph.
Publisher	Centre for Applied Microeconometrics. Department of Economics, University of Copenhagen
Number of pages	24
Publication status	Published - 2006

Keywords

Faculty of Social Sciences
home ownership
job mobility
duration model

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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2006-08Final published version, 177 KB

Cite this

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Home Ownership, Job Duration, and Wages

Abstract

Keywords

UN SDGs

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