Unemployment in the Great Recession: Did the Housing Market Crisis Prevent the Unemployed from Moving to Take Jobs?

Unemployment in the Great Recession: Did the Housing Market Crisis Prevent the Unemployed from Moving to Take Jobs?
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大衰退中的失业:房地产市场危机是否阻碍了失业者寻找工作?

DOI:
10.1257/aer.102.3.520
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发表时间:
2012
期刊:
The American Economic Review
影响因子:
--
通讯作者:
H. Farber
H. Farber
中科院分区:
--
文献类型:
--
作者:
H. Farber

文献摘要

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大衰退及其余波中的劳动力市场的特点是很难摆脱失业。对于这一困难,我提出了两项实证分析,以解释房地产市场危机阻止了失业者出售房屋和寻找新工作。首先,我使用《失业工人调查》(Displaced Workers Survey)的数据,根据房屋拥有率来检验失业后的流动性。其次,我从每月的CPS匹配中研究了失业房主和租房者的流动性。这两项分析都没有为房地产市场危机降低失业者流动性的观点提供任何支持。
The labor market in the Great Recession and its aftermath is characterized by great difficulty in escaping unemployment. I present two empirical analyses of a particular explanation for that difficulty, that the housing market crisis has prevented the unemployed from selling their homes and moving to take new jobs. First, I examine post-job-loss mobility rates by home ownership status using data from the Displaced Workers Survey. Second, I examine mobility rates for unemployed homeowners and renters from the month-to-month CPS match. Neither analysis provides any support for the idea that the housing market crisis has reduced mobility of the unemployed.