G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7845
DP7845 Housing market regulation and the social demand for jobprotection
Tanguy van Ypersele; Bruno Decreuse
发表日期2010-06-01
出版年2010
语种英语
摘要Controlling for country fixed effects, there is a positive and statistically significant relationship between the degree of housing market regulation (HMR) and the strictness of employment protection legislation (EPL) in OECD countries. We provide a model in which HMR increases foreclosure costs in case of mortgage default, while EPL raises the administrative cost of dismissal. Owing to banks lending behavior, individuals' demand for job protection increases with the cost of foreclosure. We use the model to discuss social housing and family insurance, the case for mortgage unemployment insurance, regulations on the use of fixed-term contracts, the impact of min down-payment policies, feed-back effects from HMR to EPL, and the failure of a 2006 French reform of the labor contracts.
主题Labour Economics ; Public Economics
关键词Fixed-term contracts Foreclosure costs Job protection
URLhttps://cepr.org/publications/dp7845
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/536682
推荐引用方式
GB/T 7714
Tanguy van Ypersele,Bruno Decreuse. DP7845 Housing market regulation and the social demand for jobprotection. 2010.
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