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Are we really Mama's boys? How incomes affect Italians' leaving-home decisions

Author

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  • Filippo Belloc

    () (University of Siena)

Abstract

The aim of this article is to identify the main determinants of Italians’ leaving-home decisions. We use data from the Survey of Household Income and Wealth (SHIW) by the Bank of Italy. The empirical study is performed by cross-section probit and panel-probit estimation. Contrary to the predominant literature’s claim, our findings unveil the positive and statistically significant effects of both children’s and parents’ income on the departure probability. We interpret this positive parents’ income effect as a signal for inter-household transfers. Finally, we distinguish by gender and find that while the young men’s leaving home is strongly dependent on such transfers, the same does not hold for young women.

Suggested Citation

  • Filippo Belloc, 2009. "Are we really Mama's boys? How incomes affect Italians' leaving-home decisions," Journal of Income Distribution, Journal of Income Distribution, vol. 18(3-4), pages 63-78, September.
  • Handle: RePEc:jid:journl:y:2009:v:18:i:3-4:p:63-78
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    File URL: http://jid.journals.yorku.ca/index.php/jid/article/view/23681
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    More about this item

    Keywords

    leaving home; intergenerational transfers; altruism;

    JEL classification:

    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • D1 - Microeconomics - - Household Behavior
    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth

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