@TechReport{iza:izadps:dp17038,
            	author={Lepinteur, Anthony and Clark, Andrew E. and D'Ambrosio, Conchita},
            	title={Unsettled: Job Insecurity Reduces Home-Ownership},
            	year={2024},
	month={May},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={17038},
            	url={https://www.iza.org/index.php/publications/dp17038},
	abstract={We here evaluate the link between job insecurity and one of the most-important decisions that individuals take: homeownership. The 1999 rise in the French Delalande tax on firms that laid off older workers produced an unexpected exogenous rise in job insecurity for younger workers. A difference-in-differences analysis of panel data from the European Community Household Panel shows that this greater job insecurity significantly reduced the probability of becoming a homeowner. This drop seems more attributable to individual preferences rather than greater capital constraints, consistent with individuals reducing their exposure to long-term financial commitments in more-uncertain environments.},
	keywords={homeownership;job insecurity;employment protection;difference-in-differences},
            }