Understanding the Effects of Homeownership and Regional Unemployment Levels on Migration During the Economic Crisis in Spain

26 Pages Posted: 1 Oct 2016

See all articles by Isabel Palomares-Linares

Isabel Palomares-Linares

University of Granada

Maarten van Ham

Delft University of Technology - OTB Research Institute for Housing, Urban and Mobility Studies; University of St. Andrews; IZA Institute of Labor Economics

Abstract

The Spanish labour market is characterised by high levels of unemployment, which have increased during the global economic crisis. Spain is also a country which is characterised by a very high percentage of homeownership, with more than 83% of households being owner-occupiers. Both regional levels of unemployment and homeownership are known to be important factors influencing the spatial mobility decisions of households, but little is known about how these factors influenced mobility during the recent economic crisis.This paper uses rich individual level microdata from the last two Spanish censuses (2001 and 2011) to study the effect of homeownership and regional unemployment levels on both short and long distance mobility. Our finding suggest that the role, influence and interconnection of unemployment and homeownership in mobility decision have changed in the last decade.

Keywords: short distance mobility, long distance mobility, economic recession, unemployment rate, homeownership

JEL Classification: J21, J61, J64

Suggested Citation

Palomares-Linares, Isabel and van Ham, Maarten, Understanding the Effects of Homeownership and Regional Unemployment Levels on Migration During the Economic Crisis in Spain. IZA Discussion Paper No. 10232. Available at SSRN: https://ssrn.com/abstract=2846323

Isabel Palomares-Linares (Contact Author)

University of Granada ( email )

C/Rector López Argueta S/N
Granada, Granada 18071
Spain

Maarten Van Ham

Delft University of Technology - OTB Research Institute for Housing, Urban and Mobility Studies ( email )

P.O. Box 5043
2600 GA Delft
Netherlands
+31 15 278 2782 (Phone)

HOME PAGE: http://www.maartenvanham.nl

University of St. Andrews ( email )

North St
Saint Andrews, Fife KY16 9AJ
United Kingdom

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
44
Abstract Views
347
PlumX Metrics