Leaving the nest in Southern Europe, and to a lesser extend in other countries, is a decision taken simultaneously by two young adults who form a new household. However, nothing is known about the e¤ect of partnership status on childrens eman- cipation since conventional datasets do not collect this information. To ll this gap we have collected a unique dataset of 1.600 individuals that is representative of the population of graduates at the University of Murcia aged 25 to 29 years at the time of the rst interview in 2004. Non-emancipated respondents were reinterviewed 12 and 24 months following the initial interview and we elicited their subjective beliefs about the one-year-ahead probability of several personal and job-related outcomes. Our empirical results indicate that having a partner is as relevant as being em- ployed for men to emancipate. For women, the marginal e¤ect of having a partner is three times larger than that of working. Expectations measures reveal informa- tion about the realization of the reference outcome not otherwise available from objective variables. Moreover, partnered respondents expectations about living with their partner and about their employed partners losing their job or becom- ing unemployed are strong predictors of future emancipation even conditional upon numerous observable characteristics.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
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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.:
David Campbell & Alan Carruth & Andrew Dickerson & Francis Green, 2007.
"Job insecurity and wages,"
Economic Journal,
Royal Economic Society, vol. 117(518), pages 544-566, 03.
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