微观数据(统计)
经济
劳动力供给
房价
劳动经济学
货币经济学
人口
人口普查
社会学
人口学
作者
Richard Disney,John Gathergood
出处
期刊:Economica
[Wiley]
日期:2017-11-01
卷期号:85 (339): 449-478
被引量:52
摘要
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.
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