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Unemployment, vacancies and housing tenure

  • Gaetano Lisi
Original Paper
  • 8 Downloads

Abstract

This theoretical paper develops a simple extension of the standard search and matching model that aims at clarifying the effects of housing tenure on labour market outcomes. Indeed, at the microeconomic level, employment status affects housing tenure choice, since the employed have more possibility of buying a home with respect to the unemployed. Instead, at the macroeconomic level, the relation is more complex and interesting to investigate, since it involves aggregate and indirect effects. The main novelty of this analysis is that the combination of the various forms of housing tenure status and employment status of individuals is crucial in deriving the actual effect of a specific housing tenure on vacancies and unemployment.

Keywords

Unemployment Vacancies Job search Housing tenure Housing costs 

JEL Classification

J64 J63 R21 R31 

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Copyright information

© Springer-Verlag GmbH Germany, part of Springer Nature 2018

Authors and Affiliations

  1. 1.Department of Economics and LawUniversity of Cassino and Southern LazioCassinoItaly

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