Dr. Yang publishes new work examing the labor market impacts of homeownership | Economics Research Group

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November 6, 2018

Dr. Yang publishes new work examing the labor market impacts of homeownership

Dr. Xi Yang has published a new study in the Journal of Regional Science and Urban Economics entitled "The Effect of Home Ownership on Post-unemployment Wage". This paper looks at the relationship between home ownership and post-unemployment wages. Using the Survey of Income and Program Participation 1996-2008 panels, Dr. Yang found that home ownership reduced post-unemployment wages, and this negative wage effect was particularly evident when the unemployed homeowner was located in either a declining housing market or a distressed labor market.