Impact of Housing Prices on Unemployment

Authors

William Daniel, Fort Hays State UniversityFollow

Classification

Empirical Undergraduate

Abstract

The study attempted to identify if there was a statistically significant link between the unemployment rate in the U.S. and the change in average costs for houses in the U.S. Using data collected by the Federal Reserve and a ordinary least sum regression, it was determined that there was a statistically significant link where upon a 1 % increase in house prices indexed to 1/1/2012 caused a 0.056% decrease in unemployment.

Faculty Advisor

Dr. Sam Schreyer

Department/Program

Economics, Finance, & Accounting

Submission Type

in-person poster

DOI

10.58809/MNXD3037

Date

4-20-2022

Rights

Copyright the Author(s)

Comments

For questions contact ScholarsRepository@fhsu.edu

Recommended Citation

Daniel, William (2022) "Impact of Housing Prices on Unemployment," SACAD: John Heinrichs Scholarly and Creative Activity Days: Vol. 2022, Article 25.
DOI: 10.58809/MNXD3037
Available at: https://scholars.fhsu.edu/sacad/vol2022/iss2022/25