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Yayın Unemployment and homeownership in Turkey: a preliminary analysis(Işık Üniversitesi Yayınları, 2023-04-10) Susanlı, Zehra BilgenUsing individual-level data, this paper aims to explore the link between homeownership and unemployment in Turkey. The Oswald hypothesis states that high homeownership is detrimental to labor market outcomes by restricting the geographical mobility of job searchers. Micro-evidence, however, indicates that homeowners have relatively favorable labor market outcomes. In contrast with the existing micro literature, the findings of this study are in favor of the Oswald hypothesis for the positive link between homeownership and unemployment probability.
