Home Ownership As a Labor Market Friction

2017 ◽  
Author(s):  
Daniel Ringo
Keyword(s):  
Labor Market ◽  
Home Ownership ◽  
Market Friction ◽  
Labor Market Friction

scholarly journals Economic growth and labor market friction: a quantitative study on Japanese structural transformation

2016 ◽  
Vol 17 (1) ◽  
Author(s):  
Seung-Gyu Sim ◽  
Seungjoon Oh
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Labor Market ◽  
Structural Transformation ◽  
Capital Accumulation ◽  
Physical Capital ◽  
Labor Market Institutions ◽  
Human Capital Accumulation ◽  
Market Friction ◽  
Labor Market Friction

AbstractThis paper develops a tractable multi-sector endogenous growth model with labor market friction and human capital accumulation to analyze the underlying link between economic growth and labor market institutions. The model, calibrated based on the Japanese structural transformation episodes, demonstrates that lifetime employment system has contributed to unprecedentedly rapid economic growth, by enhancing human capital accumulation and facilitating physical capital formation. The counterfactual experiment finds that had the job durations of a typical worker been 1 year (roughly one tenth of the actual average job duration) for 1960–1990 in the Japanese labor market, the non-agricultural GDP per capita in 1990 would have accounted for 71 percent of the actual values.

Housing and Living Conditions in Jordan, 2010–2016

2019 ◽  
pp. 289-312
Author(s):  
Ahmed Elsayed
Keyword(s):  
Labor Market ◽  
Home Ownership ◽  
Living Conditions ◽  
Refugee Camps ◽  
Housing Conditions ◽  
Panel Survey ◽  
High Concentration ◽  
Public Facilities ◽  
Housing Characteristics ◽  
Original Dataset

This chapter uses a new and original dataset, the Jordan Labor Market Panel Survey (JLMPS) of 2010 and 2016, to study living and housing conditions in Jordan. In 2016 the JLMPS oversampled regions with a high concentration of refugees enabling us to investigate the housing conditions of refugees living out-of- and in-refugee camps. The chapter documents changes in housing characteristics for Jordanian households during 2010–16 and compares the living and housing conditions in 2016 for out-of- and in-camp refugees to that of locals. It shows that living conditions for local households improved: the share of home ownership and share of households living in private houses increased between 2010 and 2016. The chapter further shows that while the majority of refugees live out-of-refugee camps, those who live in-camps have worse living conditions manifested in smaller living areas, worse access to public facilities, and less ownership of durable assets.

scholarly journals Does High Home-Ownership Impair the Labor Market?

2013 ◽  
Author(s):  
David G. Blanchflower ◽  
Andrew J. Oswald
Keyword(s):  
Labor Market ◽  
Home Ownership

scholarly journals Determinants of Labor Market in Jakarta Metropolitan Area: A Survival Analysis of Commuters

2020 ◽  
Vol 22 (2) ◽  
pp. 42-51
Author(s):  
Irwanda Wisnu Wardhana ◽  
Dhani Setyawan ◽  
Khairunnisah
Keyword(s):  
Labor Market ◽  
Travel Time ◽  
Home Ownership ◽  
Education Level ◽  
Policy Implications ◽  
The Other ◽  
Willingness To Participate ◽  
Income Household ◽  
Other Hand ◽  
Decision To Stay

This study aims to assess the determinants of the labor market in the Greater Jakarta Area (Jabodetabek) with a population of 27.9 million (2010 census) and growth rate of 3.6 percent per annum over the period 2000-2010. With a total area of 4,384 square kilometers (1,693 sq mi), the city has a very high population density of 14,464 people per square kilometer (37,460/ sq mi), while the metro area has a density of 4,383 people/sq km (11,353/sq mi). The paper employs the survival regression analysis by incorporating attributes of commuter, namely gender, age, distance, travel time, wages, stress, education level, double income households and home ownership. The area consists of Jakarta as the receiving labor market and eight municipalities and regencies as labor suppliers. The study utilizes a cross-section data from a commuter survey with more than 4,000 respondents participated using different modes of land transport. The results reveal that some determinants have influenced commuters' resiliency and their willingness to participate in the receiving labor market. This study found that gender, distance, wages and home ownership do not affect the respondent’s decision whether to stay or quit as commuters. On the other hand, the fittest model exhibits that age, education level, stress, travel time and double income households have significant effects on individual's decision to stay or quit as a commuter. It is found that gender, distance, wages and home ownership do not matter for respondent’s decision on whether to stay or to quit as commuters. The model exhibits that age, education level, stress, travel time and double-income household have significant effects on an individual's decision to stay or quit as a commuter. Education level has a positive effect; on the other hand, age, stress, double-income household and travel time have a negative effect. The policy implications for improving the labor supply provision and some contested policy options are suggested, such as the provision of affordable housing in Jakarta, the improvement of commuting enjoyment, the establishment of child care facilities in the office buildings and the creation of more sophisticated jobs within the Jakarta’s surrounding municipalities and regencies.

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