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Homeownership and the Labour Market in Europe
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Homeownership and the Labour Market in Europe

Casper van Ewijk and Michiel van Leuvensteijn

Abstract

Increasing labour market flexibility is at the top of the European agenda. A new and challenging view is that a lack of mobility in the labour market may arise from rigidities in the housing market. Researches in this book have been inspired by the intriguing hypothesis that homeownership may be a hindrance to the smooth working connections of labour markets, as homeowners tend to be less willing to accept jobs outside their own region. At the individual level, homeownership limits the likelihood of becoming unemployed and increases the probability of finding a job once unemployed. The transac ... More

Keywords: labour market flexibility, mobility, housing market, homeownership, unemployment, transaction costs

Bibliographic Information

Print publication date: 2009 Print ISBN-13: 9780199543946
Published to Oxford Scholarship Online: October 2011 DOI:10.1093/acprof:oso/9780199543946.001.0001

Authors

Affiliations are at time of print publication.

Casper van Ewijk, editor
Deputy Director, CPB Netherlands Bureau for Economic Policy Analysis and Professor of Economics, University of Amsterdam

Michiel van Leuvensteijn, editor
Senior Economist, CPB Netherlands Bureau for Economic Policy Analysis

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