全球智库信息集成服务系统(G2TT): Locked in by Leverage: Job Search during the Housing Crisis

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w22929
来源ID	Working Paper 22929
	Locked in by Leverage: Job Search during the Housing Crisis
	Jennifer Brown; David A. Matsa
发表日期	2016-12-12
出版年	2016
语种	英语
摘要	This paper examines how housing market distress affects job search. Using data from a leading online job search platform during the Great Recession, we find that job seekers in areas with depressed housing markets apply for fewer jobs that require relocation. With their search constrained geographically, job seekers broaden their search to lower level positions nearby. These effects are stronger for job seekers with recourse mortgages, which we confirm using spatial regression discontinuity analysis. Our findings suggest that housing market distress distorts labor market outcomes by impeding household mobility.
主题	Microeconomics ; Households and Firms ; Labor Economics ; Unemployment and Immigration ; Regional and Urban Economics
URL	https://www.nber.org/papers/w22929
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/580602
推荐引用方式 GB/T 7714	Jennifer Brown,David A. Matsa. Locked in by Leverage: Job Search during the Housing Crisis. 2016.