; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "Negative Equity Does Not Reduce Homeowners' Mobility"; ; "batchuser@example.com"; "Schulhofer-Wohl, Sam"; "Federal Reserve Bank of Minneapolis"; "Negative equity", "Household mobility"; "R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics", "R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics: Housing Demand"; "Some commentators have argued that the housing crisis may harm labor markets because homeowners who owe more than their homes are worth are less likely to move to places that have productive job opportunities. I show that, in the available data, negative equity does not make homeowners less mobile. In fact, homeowners who have negative equity are slightly more likely to move than homeowners who have positive equity. Ferreira, Gyourko, and Tracy's (2010) contrasting result that negative equity reduces mobility arises because they systematically drop some negative-equity homeowners' moves from the data. "^^; "2010-12-22"; "2019-06-24T18:49:31.332023103+00:00"^^; "https://doi.org/10.21034/wp.682"; ; "https://creativecommons.org/licenses/by-nc/4.0/"; "Wed Oct 23 17:48:16 2019"; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "710"; "Working paper (Federal Reserve Bank of Minneapolis. Research Department)"; "682"; "Negative equity", "Household mobility"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Research Department"; "Published in: _Quarterly Review_ (Vol. 35, No. 1, February 2012, pp. 2-14), https://doi.org/10.21034/qr.3511."^^; ; "Publication" . ; .