Home Ownership, Job Duration, and Wages

Research output: Working paperResearch

Documents

  • 2006-08

    Final published version, 177 KB, PDF document

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 languageEnglish
Place of PublicationCph.
PublisherCentre for Applied Microeconometrics. Department of Economics, University of Copenhagen
Number of pages24
Publication statusPublished - 2006

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