Leaving Home and the Chances of Being Poor: The Case of Young People in Southern European Countries
This paper analyses, for southern European countries (Italy, Spain, Greece, and Portugal), the link between the poverty status of young people who leave home and the economic status of their family of origin. First we model the poverty status of those who leave home while also accounting for the fact that youths from better-off households are more likely to leave home (a sample selection model). Second we address the time at risk of leaving home using a competing risks duration model. Estimates from both approaches suggest that young people delay leaving home because it may increase their chances of being poor. Moreover both approaches indicate that young people who have left home are more likely to be poor if their family of origin is poor and that differences across countries are not statistically significant. Copyright 2008 The Author. Journal compilation CEIS, Fondazione Giacomo Brodolini and Blackwell Publishing Ltd. 2008.
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Volume (Year): 22 (2008)
Issue (Month): s1 (June)
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References listed on IDEAS
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- Francis Vella, 1998. "Estimating Models with Sample Selection Bias: A Survey," Journal of Human Resources, University of Wisconsin Press, vol. 33(1), pages 127-169.
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- Aassve, Arnstein & Davia, Maria A. & Iacovou, Maria, 2005. "Does leaving home make you poor? Evidence from 13 European countries," ISER Working Paper Series 2005-24, Institute for Social and Economic Research.
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- 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, June.