Bombs, homes, and jobs: Revisiting the Oswald hypothesis for Germany

C-Tier
Journal: Economics Letters
Year: 2015
Volume: 135
Issue: C
Pages: 65-68

Authors (2)

Wolf, Nikolaus (Centre for Economic Policy Res...) Caruana-Galizia, Paul (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Andrew Oswald (1996) hypothesized that homeownership restricts commercial development and labour mobility, increasing unemployment. Instrumenting homeownership with WWII Allied bombing for a German regional panel, we find homeownership has a large positive effect on unemployment, and homeownership decreases labour mobility.

Technical Details

RePEc Handle
repec:eee:ecolet:v:135:y:2015:i:c:p:65-68
Journal Field
General
Author Count
2
Added to Database
2026-01-29