【摘要】Oswald’s thesis posits that homeowners should have longer unemployment spells thanrenters due to restricted mobility, but repeatedly the reverse is found. I contribute to solve this puzzleanalyzing both job search intensity and unemployment duration. First, I show that homeowner’smobility constraints have a negative impact on search. Theoretically, it is shown in a search model withmoving costs. Using U.K. Labour Force Survey (LFS) data, it is confirmed when considering outrightowners, while leveraged owners have the highest search. Second, I find evidence that homeownersselect search methods associated with shorter unemployment spells, suggesting that they search moreefficiently.

【文献来源】Morescalchi A.Journal of Regional Science.2016（2）