STROUKAL, Dominik. The short-term relationship between unemployment and home ownership. Littera Scripta. České Budějovice: The Institute of Technology and Business, vol. 9, No 1, p. 139-153, 24 pp. ISSN 1805-9112. 2016.
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Basic information
Original name The short-term relationship between unemployment and home ownership
Name in Czech Krátkodobý vztah mezi nezaměstnaností a vlastnickým bydlením
Authors STROUKAL, Dominik (203 Czech Republic, guarantor, belonging to the institution).
Edition Littera Scripta, České Budějovice, The Institute of Technology and Business, 2016, 1805-9112.
Other information
Original language English
Type of outcome Article in a journal
Field of Study 50200 5.2 Economics and Business
Country of publisher Czech Republic
Confidentiality degree is not subject to a state or trade secret
WWW URL
RIV identification code RIV/04274644:_____/16:#0000139
Organization unit University of Finance and Administration
Keywords (in Czech) Vlastnické bydlení, nezaměstnanosti, Oswald
Keywords in English Home ownership; unemployment; Oswald
Tags AR 2015-2016, ERIH, jx, xJ4
Changed by Changed by: Ing. Dominika Moravcová, učo 21787. Changed: 13/4/2017 10:25.
Abstract
This work focuses on the Oswald hypothesis and answers the question about what the relationship is between changes in home ownership and unemployment on an individual level in the Czech Republic. The first and main hypothesis is that a transition to home ownership reduces the probability of unemployment in the following year. Data from EU-SILC proves that this hypothesis holds true, but only for men and not for women. With this in mind, we present a second hypothesis that argues that the relationship between homeownership and unemployment on an individual level varies over time in relation to the lower and higher probability of unemployment. The primary reason for this is the “mortgage effect”, which is later outweighed by the migration effect. The research shows that the transition to unemployment does not affect the possibility of a transition to home ownership in the following year, neither for men nor women. For the third hypothesis, the expectation was that there would be a significant difference between men and women. This was confirmed because the first hypothesis holds true only for men and not for women.
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