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Transitions from home to marriage of young Americans

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Author Info
Arnstein Aassve (Max Planck Institute for Demographic Research, Doberaner Str. 114, 18057 Rostock, Germany)
Simon Burgess (Department of Economics, University of Bristol, 8 Woodland Road, BS8 1TN Bristol, UK, CASE and CEPR)
Andrew Chesher (Department of Economics, University College London, Gower Street, WC1E 6BT London, UK)
Carol Propper (Department of Economics, University of Bristol, 8 Woodland Road, BS8 1TN Bristol, UK, CASE and CEPR)

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Abstract

The paper examines the impact of income on the transitions between home, living independently and first marriage of young Americans. A matching model is outlined, similar to that used in theories of job search, to explain the probability of marriage and living alone. A multiple-state, multiple-transition model which allows for correlated heterogeneity on the first and subsequent transitions is estimated. The results show that income has a strong and significant effect. The impact of unobserved heterogeneity is examined in detail. The impact of the young person's earnings on the transitions is explored through simulation. Copyright © 2002 John Wiley & Sons, Ltd.

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File URL: http://qed.econ.queensu.ca:80/jae/2002-v17.1/
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Publisher Info
Article provided by John Wiley & Sons, Ltd. in its journal Journal of Applied Econometrics.

Volume (Year): 17 (2002)
Issue (Month): 1 ()
Pages: 1-23
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Handle: RePEc:jae:japmet:v:17:y:2002:i:1:p:1-23

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Burdett, Kenneth & Vishwanath, Tara, 1988. "Declining Reservation Wages and Learning," Review of Economic Studies, Blackwell Publishing, vol. 55(4), pages 655-65, October. [Downloadable!] (restricted)
  2. Haurin, Donald R & Hendershott, Patric H & Kim, Dongwook, 1993. "The Impact of Real Rents and Wages on Household Formation," The Review of Economics and Statistics, MIT Press, vol. 75(2), pages 284-93, May. [Downloadable!] (restricted)
  3. Moffitt, Robert, 1990. "The effect of the U.S. welfare system on marital status," Journal of Public Economics, Elsevier, vol. 41(1), pages 101-124, February. [Downloadable!] (restricted)
  4. Newman, John L & McCulloch, Charles E, 1984. "A Hazard Rate Approach to the Timing of Births," Econometrica, Econometric Society, vol. 52(4), pages 939-61, July. [Downloadable!] (restricted)
  5. Akerlof, George A & Yellen, Janet L & Katz, Michael L, 1996. "An Analysis of Out-of-Wedlock Childbearing in the United States," The Quarterly Journal of Economics, MIT Press, vol. 111(2), pages 277-317, May. [Downloadable!] (restricted)
  6. Nancy Cole & Janet Currie, 1994. "Reported Income in the NLSY: Consistency Checks and Methods for Cleaningthe Data," NBER Technical Working Papers 0160, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Deborah A. Cobb-Clark, 2008. "Leaving Home: What Economics Has to Say about the Living Arrangements of Young Australians," CEPR Discussion Papers 568, Centre for Economic Policy Research, Research School of Social Sciences, Australian National University. [Downloadable!]
    Other versions:
  2. Nuno Martins & Ernesto Villanueva, 2006. "Does limited access to mortgage debt explain why young adults live with their parents?," Banco de España Working Papers 0628, Banco de España. [Downloadable!]
  3. Arnstein Aassve, 2000. "Economic resources and single motherhood: incidence and resolution of premarital childbearing among young American women," MPIDR Working Papers WP-2000-015, Max Planck Institute for Demographic Research, Rostock, Germany. [Downloadable!]
  4. Michael Svarer, 2008. "Crime and Partnerships," Economics Working Papers 2008-06, School of Economics and Management, University of Aarhus. [Downloadable!]
    Other versions:
  5. Arnstein Aassve & Simon Burgess & Matt Dickson & Carol Propper, 2004. "Employment, Family Union, and Childbearing Decisions in Great Britain," CASE Papers 084, Centre for Analysis of Social Exclusion, LSE. [Downloadable!]
    Other versions:
  6. David Blanc & François-Charles Wolff, 2006. "Leaving Home in Europe: The Role of Parents’ and Children’s Incomes," Review of Economics of the Household, Springer, vol. 4(1), pages 53-73, 03. [Downloadable!] (restricted)
  7. Dan Anderberg, 2001. "An Equilibrium Analysis of Marriage, Divorce and Risk-Sharing," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    Other versions:
  8. Jacob, Marita & Kleinert, Corinna, 2007. "Does unemployment help or hinder becoming independent? : the role of employment status for leaving the parental home," IAB Discussion Paper 200705, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany]. [Downloadable!]
  9. Michael Svarer, 2006. "Working late: Do Workplace Sex Ratios Affect Partnership Formation and Dissolution?," Economics Working Papers 2006-09, School of Economics and Management, University of Aarhus. [Downloadable!]
    Other versions:
  10. Arnstein Aassve & Francesco C. Billari & Stefano Mazzuco & Fausta Ongaro, 2001. "Leaving Home Ain't Easy. A comparative longitudinal analysis of ECHP data," MPIDR Working Papers WP-2001-038, Max Planck Institute for Demographic Research, Rostock, Germany. [Downloadable!]
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