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Transitions from home to marriage of young Americans

Author

Listed:
  • 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)

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.

Suggested Citation

  • Arnstein Aassve & Simon Burgess & Andrew Chesher & Carol Propper, 2002. "Transitions from home to marriage of young Americans," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 17(1), pages 1-23.
    • Handle: RePEc:jae:japmet:v:17:y:2002:i:1:p:1-23
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    References listed on IDEAS

    as
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    More about this item

    JEL classification:

    • J1 - Labor and Demographic Economics - - Demographic Economics
    • Z0 - Other Special Topics - - General

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