| Author (Person) | Bouyon, Sylvain |
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| Publisher | European Credit Research Institute |
| Series Title | ECRI Commentary |
| Series Details | No.14, 15 June 2015 |
| Publication Date | 15/06/2015 |
| Content Type | Journal | Series | Blog |
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Abstract: In recent decades, a growing body of academic literature has focused on the possible negative effects of high levels of home ownership, especially on labour markets. More-than-optimal levels of home ownership may impede the mobility of workers, resulting in higher unemployment rates in some European regions. Against that backdrop, a simple model was devised to test the relationship between home ownership, mobility and unemployment. Recent macroeconomic data published by Eurostat suggest that both the variables of mobility and home ownership have had a significant impact on the dynamics of unemployment rates across the EU28. |
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| Source Link | http://aei.pitt.edu/65084/ |
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| Subject Categories | Employment and Social Affairs, Geography |
| Countries / Regions | Europe |
