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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, Rostock, Germany)
Simon Burgess
Andrew Chesher
Carol Propper

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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 result show that income has a strong and significant effect. The impact of unobserved heterogeneuty is examined in detail. The impact of the young person´s earning on the transitions is explored through simulation. (AUTHORS)

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Paper provided by Max Planck Institute for Demographic Research, Rostock, Germany in its series MPIDR Working Papers with number WP-2001-004.

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Date of creation: Jan 2001
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Handle: RePEc:dem:wpaper:wp-2001-004

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Find related papers by JEL classification:
J1 - Labor and Demographic Economics - - Demographic Economics
Z0 - Other Special Topics - - General

References listed on IDEAS
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  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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