This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
Job Insecurity and Youth Emancipation: A Theoretical Approach Author info | Abstract | Publisher info | Download info | Related research | Statistics Becker, Sascha O.
Bentolila, Samuel
Fernandes, Ana
Ichino, Andrea
Additional information is available for the following
registered author(s):
In this paper, we propose a theoretical model to study the effect of income insecurity of parents and offspring on the child's residential choice. Parents are partially altruistic toward their children and will provide financial help to an independent child when her income is low relative to the parents'. We show that first-order stochastic dominance (FOSD) shifts in the distribution of the child's future income (or her parents') will have ambiguous effects on the child’s residential choice. The analysis identifies altruism as the source of ambiguity in the results. If parents are selfish or the joint income distribution of parents and child places no mass on the region where transfers are provided, a FOSD shift in the distribution of the child’s (parents’) future income will reduce (raise) the child’s current income threshold for independence.
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
file . Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number
5339.
Download reference. The following formats are available: HTML ,
plain text ,
BibTeX ,
RIS (EndNote),
ReDIF
Length:
Date of creation: Nov 2005Date of revision:
Handle: RePEc:cpr:ceprdp:5339Contact details of provider: Postal: Centre for Economic Policy Research, 53--56 Great Sutton Street, London EC1V 0DG Phone: 44 - 20 - 7183 8801 Fax: 44 - 20 - 7183 8820
Order Information: Email:
For technical questions regarding this item, or to correct its listing, contact: ().
Keywords: emancipation job security option value Other versions of this item:
Find related papers by JEL classification: D1 - Microeconomics - - Household Behavior J1 - Labor and Demographic Economics - - Demographic Economics J2 - Labor and Demographic Economics - - Demand and Supply of Labor
This paper has been announced in the following NEP Reports :
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.: Rosenzweig, Mark R & Wolpin, Kenneth I, 1993.
"Intergenerational Support and the Life-Cycle Incomes of Young Men and Their Parents: Human Capital Investments, Coresidence, and Intergenerational Financial Transfers ,"
Journal of Labor Economics ,
University of Chicago Press, vol. 11(1), pages 84-112, January.
[Downloadable!] (restricted)
Gianna Claudia Giannelli & Chiara Monfardini, 2001.
"JOINT DECISIONS ON HOUSEHOLD MEMBERSHIP AND HUMAN CAPITAL ACCUMULATION OF YOUTHS The role of expected earnings and local markets ,"
CHILD Working Papers
wp02_01, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY.
[Downloadable!]
Other versions:
Giannelli, Gianna Claudia & Monfardini, Chiara, 2000.
"Joint Decisions on Household Membership and Human Capital Accumulation of Youths - The role of expected earnings and local markets ,"
IZA Discussion Papers
191, Institute for the Study of Labor (IZA).
[Downloadable!] Gianna Claudia Giannelli & Chiara Monfardini, 2003.
"Joint decisions on household membership and human capital accumulation of youths. The role of expected earnings and local markets ,"
Journal of Population Economics ,
Springer, vol. 16(2), pages 265-285, 05.
[Downloadable!] (restricted) Sascha O. Becker & Samuel Bentolila & Ana Fernandes & Andrea Ichino, 2005.
"Youth Emancipation and Perceived Job Insecurity of Parents and Children ,"
IZA Discussion Papers
1836, Institute for the Study of Labor (IZA).
[Downloadable!]
Other versions: McElroy, Marjorie B, 1985.
"The Joint Determination of Household Membership and Market Work: The Case of Young Men ,"
Journal of Labor Economics ,
University of Chicago Press, vol. 3(3), pages 293-316, July.
[Downloadable!] (restricted)
G. C. Giannelli & C. Monfardini, 2000.
"Joint Decisions on Household Membership and Human Capital Accumulation of Youths: The role of expected carnings and labour market rationing ,"
Working Papers
375, Dipartimento Scienze Economiche, Università di Bologna.
[Downloadable!]
Joseph G. Altonji & Fumio Hayashi & Laurence Kotlikoff, .
"The Effects of Income and Wealth on Time and MOney Transfers Between Parents and Children ,"
IPR working papers
96-5, Institute for Policy Resarch at Northwestern University.
Other versions: Antonia Díaz & M. Dolores Guilló, 2005.
"Family ties and labor supply ,"
Investigaciones Economicas ,
Fundación SEPI, vol. 29(2), pages 289-329, May.
[Downloadable!]
Ermisch, John, 1999.
"Prices, Parents, and Young People's Household Formation ,"
Journal of Urban Economics ,
Elsevier, vol. 45(1), pages 47-71, January.
[Downloadable!] (restricted)
Other versions: Guiso, Luigi & Jappelli, Tullio, 1998.
"Private Transfers, Borrowing Constraints and the Timing of Homeownership ,"
CEPR Discussion Papers
2050, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Other versions:
Luigi Guiso & Tullio Jappelli, 1999.
"Private Transfers, Borrowing Constraints and the Timing of Homeownership ,"
CSEF Working Papers
17, Centre for Studies in Economics and Finance (CSEF), University of Salerno, Italy.
[Downloadable!] Guiso, Luigi & Jappelli, Tullio, 2002.
"Private Transfers, Borrowing Constraints and the Timing of Homeownership ,"
Journal of Money, Credit and Banking ,
Blackwell Publishing, vol. 34(2), pages 315-39, May.
Guiso, Luigi & Jappelli, Tullio & Pistaferri, Luigi, 2002.
"An Empirical Analysis of Earnings and Employment Risk ,"
Journal of Business & Economic Statistics ,
American Statistical Association, vol. 20(2), pages 241-53, April.
Paola Giuliano, 2004.
"On the determinants of living arrangements in Western Europe: Does Cultural Origin Matter? ,"
Econometric Society 2004 North American Summer Meetings
68, Econometric Society.
Marco Manacorda & Enrico Moretti, 2006.
"Why do Most Italian Youths Live with Their Parents? Intergenerational Transfers and Household Structure ,"
Journal of the European Economic Association ,
MIT Press, vol. 4(4), pages 800-829, 06.
[Downloadable!] (restricted)
Maite Martínez-Granado & Javier Ruiz-Castillo, 2002.
"The decisions of Spanish youth: A cross-section study ,"
Journal of Population Economics ,
Springer, vol. 15(2), pages 305-330.
[Downloadable!] (restricted)
Other versions:
Full
references 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.)
Sascha O. Becker & Samuel Bentolila & Ana Fernandes & Andrea Ichino, 2005.
"Youth Emancipation and Perceived Job Insecurity of Parents and Children ,"
IZA Discussion Papers
1836, Institute for the Study of Labor (IZA).
[Downloadable!]
Other versions:
Access and
download statistics Did you know? All RePEc services are meant to be be free forever, as they are all run by volunteers.
This page was last updated on 2008-8-19.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .