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Conference Paper: The effect of Housing Status on Labor Market Outcomes

TitleThe effect of Housing Status on Labor Market Outcomes
Authors
KeywordsHousing Status
Unemployment
Labor Market Participation
Oswald Law
Issue Date2015
PublisherImperial College London.
Citation
The 4th European Business Research Conference, Imperial College, London, UK., 9-10 April 2015. How to Cite?
AbstractIn the past, urban planning has often favored strict zoning, segregating residential areas from commercial-industrial areas. One unanticipated negative consequence of this strategy is a possible link between unemployment and housing status, suggested by Oswald in an important and controversial 1997 paper. He believes that home ownership reduces labor mobility, thereby creating disequilibrium and unemployment in regional labor markets. Compared with European countries and the United States-- the focuses of most empirical studies on the topic-- Hong Kong is decidedly more compact. Much of the city is covered by a rather efficient transportation system, making it unlikely as a choice for testing the Oswald hypothesis. However, over the years, a combination of factors, including escalating property …
Persistent Identifierhttp://hdl.handle.net/10722/212395
ISBN

 

DC FieldValueLanguage
dc.contributor.authorChan, W-
dc.contributor.authorWong, R-
dc.date.accessioned2015-07-21T02:34:23Z-
dc.date.available2015-07-21T02:34:23Z-
dc.date.issued2015-
dc.identifier.citationThe 4th European Business Research Conference, Imperial College, London, UK., 9-10 April 2015.-
dc.identifier.isbn978-1-922069-72-6-
dc.identifier.urihttp://hdl.handle.net/10722/212395-
dc.description.abstractIn the past, urban planning has often favored strict zoning, segregating residential areas from commercial-industrial areas. One unanticipated negative consequence of this strategy is a possible link between unemployment and housing status, suggested by Oswald in an important and controversial 1997 paper. He believes that home ownership reduces labor mobility, thereby creating disequilibrium and unemployment in regional labor markets. Compared with European countries and the United States-- the focuses of most empirical studies on the topic-- Hong Kong is decidedly more compact. Much of the city is covered by a rather efficient transportation system, making it unlikely as a choice for testing the Oswald hypothesis. However, over the years, a combination of factors, including escalating property …-
dc.languageeng-
dc.publisherImperial College London.-
dc.relation.ispartofProceedings of 4th European Business Research Conference-
dc.rightsCreative Commons: Attribution 3.0 Hong Kong License-
dc.subjectHousing Status-
dc.subjectUnemployment-
dc.subjectLabor Market Participation-
dc.subjectOswald Law-
dc.titleThe effect of Housing Status on Labor Market Outcomes-
dc.typeConference_Paper-
dc.identifier.emailChan, W: wchana@hku.hk-
dc.identifier.emailWong, R: rycwong@hkucc.hku.hk-
dc.identifier.authorityChan, W=rp01049-
dc.identifier.authorityWong, R=rp00068-
dc.description.naturepostprint-
dc.identifier.hkuros245385-
dc.publisher.placeUnited Kingdom-

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