House lock and structural unemployment

A recent decline in geographic mobility in the United States may have been caused in part by falling house prices, through the lock in effects of financial constraints faced by households whose housing debt exceeds the market value of their home. I analyze the relationship between such house lock an...

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Bibliographic details
Volume: 7002
Main Author: Valletta, Robert G
Format: Paper
Language: English
Place of publication: Bonn Institute for the Study of Labor (IZA) 2012
published in: Discussion Paper Series, Forschungsinstitut zur Zukunft der Arbeit Vol. 7002
Data of publication: 2012
Online Access: Fulltext
Database: EconStor
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