Skip to Main content Skip to Navigation
Other publications

Do homeowners stay unemployed longer ? A French micro-econometric study

Abstract : The objective of this paper is to provide microeconomic evidence for the so called “Oswald's hypothesis”, which is whether homeownership results in negative outcomes in the labour market. In a first step, a multinomial logit model for the choice of tenure status is estimated. Estimated probabilities of being either homeowner, renter or housed free of charge are then used to explain the length of an individual unemployment spell. This flexible method of estimation accounts for both censoring and selection bias, without constraining the shape of the hazard rate of leaving unemployment. Results from a 3,965 individuals French data set suggest that homeownership has a positive effect on unemployment duration.
Document type :
Other publications
Complete list of metadatas

Cited literature [34 references]  Display  Hide  Download
Contributor : Nelly Wirth <>
Submitted on : Thursday, October 11, 2007 - 3:44:03 PM
Last modification on : Tuesday, May 12, 2020 - 3:56:10 PM
Long-term archiving on: : Monday, September 24, 2012 - 1:20:17 PM


Files produced by the author(s)


  • HAL Id : halshs-00178576, version 1



Carole Brunet, Jean-Yves Lesueur. Do homeowners stay unemployed longer ? A French micro-econometric study. 2003. ⟨halshs-00178576⟩



Record views


Files downloads