House Prices, Wealth Effects and Labour Supply. (1st November 2017)
- Record Type:
- Journal Article
- Title:
- House Prices, Wealth Effects and Labour Supply. (1st November 2017)
- Main Title:
- House Prices, Wealth Effects and Labour Supply
- Authors:
- Disney, Richard
Gathergood, John - Abstract:
- Abstract : We examine the impact of house prices on labour supply decisions using UK microdata. We combine household survey data with local‐level house price measures and controls for local labour demand. Our microdata also allow us to control for individual level income expectations. We find significant house price effects on labour supply, consistent with leisure being a normal good. Labour supply responses to house prices are concentrated among young married female owners and older owners. This finding suggests that house prices affect the decisions of marginal workers in the economy. Our estimates imply that house prices are economically important in the participation decisions for these workers.
- Is Part Of:
- Economica. Volume 85:Number 339(2018)
- Journal:
- Economica
- Issue:
- Volume 85:Number 339(2018)
- Issue Display:
- Volume 85, Issue 339 (2018)
- Year:
- 2018
- Volume:
- 85
- Issue:
- 339
- Issue Sort Value:
- 2018-0085-0339-0000
- Page Start:
- 449
- Page End:
- 478
- Publication Date:
- 2017-11-01
- Subjects:
- Economics -- Periodicals
330.05 - Journal URLs:
- http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1468-0335 ↗
http://onlinelibrary.wiley.com/ ↗ - DOI:
- 10.1111/ecca.12253 ↗
- Languages:
- English
- ISSNs:
- 0013-0427
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 3656.900000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 6912.xml