Housing Tenure and Labor Market Impacts : The Search Goes On

@inproceedings{Coulson2008HousingTA,
  title={Housing Tenure and Labor Market Impacts : The Search Goes On},
  author={N. Edward Coulson},
  year={2008}
}
We develop two search-theoretic models of the Oswald hypothesis, the idea that homeownership is linked to inferior labor market outcomes, and compare their predictions to three extant theories. The five models have surprisingly different predictions about the labor market at both the aggregate and micro levels. We estimate micro and US state-level regression models of wages and unemployment and compare the estimates to those predictions. ACKNOWLEDGEMENTS: We thank listeners at the Midyear… CONTINUE READING
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