Youth Vulnerability in Europe during the Great Recession
The paper gives an update to earlier analysis considering youth poverty and transition to adulthood, which is timely given the economic crisis engulfing many countries in Europe. Whereas, the crisis is affecting young people in particular, there is also huge variation across Europe. We document the short-term consequences of the current recession on the transition to adulthood of young Europeans, focusing on two main cornerstones in the transition to adulthood: economic independence and residential autonomy. We show an almost universal increase in financial hardship experienced by young adults during the recession, which is starting to translate into higher rates of co-residence with parents, hence delaying the process of leaving home and gaining economic independence. The economic recession will have a huge impact on young people and their the transition to adulthood. Economic deprivation and uncertainty will most likely delay the key markers of transition to adulthood.
|Date of creation:||Mar 2013|
|Date of revision:|
|Contact details of provider:|| Postal: via Rontgen, 1 - 20136 Milano|
Web page: http://www.dondena.unibocconi.it/
|Order Information:|| Web: http://www.dondena.unibocconi.it/wp/ Email: |
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.:
- Arnstein Aassve & Maria Iacovou & Letizia Mencarini, 2006. "Youth poverty and transition to adulthood in Europe," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 15(2), pages 21-50, July.
- Joshua R. Goldstein & Tomás Sobotka & Aiva Jasilioniene, 2009. "The End of "Lowest-Low" Fertility?," Population and Development Review, The Population Council, Inc., vol. 35(4), pages 663-699.
- Giuliano, Paola & Spilimbergo, Antonio, 2009.
"Growing Up in a Recession: Beliefs and the Macroeconomy,"
IZA Discussion Papers
4365, Institute for the Study of Labor (IZA).
- Giuliano, Paola & Spilimbergo, Antonio, 2009. "Growing Up in a Recession: Beliefs and the Macroeconomy," CEPR Discussion Papers 7399, C.E.P.R. Discussion Papers.
- Paola Giuliano & Antonio Spilimbergo, 2009. "Growing Up in a Recession: Beliefs and the Macroeconomy," NBER Working Papers 15321, National Bureau of Economic Research, Inc.
- David N. F. Bell & David G. Blanchflower, 2011.
"Young people and the Great Recession,"
Oxford Review of Economic Policy,
Oxford University Press, vol. 27(2), pages 241-267.
- Aparicio Fenoll, Ainhoa & Oppedisano, Veruska, 2012. "Fostering the Emancipation of Young People: Evidence from a Spanish Rental Subsidy," IZA Discussion Papers 6651, Institute for the Study of Labor (IZA).
- Cho, Yoonyoung & Newhouse, David, 2011.
"How did the great recession affect different types of workers ? evidence from 17 middle-income countries,"
Policy Research Working Paper Series
5636, The World Bank.
- Cho, Yoonyoung & Newhouse, David, 2013. "How Did the Great Recession Affect Different Types of Workers? Evidence from 17 Middle-Income Countries," World Development, Elsevier, vol. 41(C), pages 31-50.
- Cho, Yoon Y. & Newhouse, David, 2011. "How Did the Great Recession Affect Different Types of Workers? Evidence from 17 Middle-Income Countries," IZA Discussion Papers 5681, Institute for the Study of Labor (IZA).
- FFF1Francesco NNN1Billari, 2004. "Becoming an Adult in Europe: A Macro(/Micro)-Demographic Perspective," Demographic Research Special Collections, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 3(2), pages 15-44, April.
- Misbah Tanveer Choudhry & Enrico Marelli & Marcello Signorelli, 2012. "Youth unemployment rate and impact of financial crises," International Journal of Manpower, Emerald Group Publishing, vol. 33(1), pages 76-95, June.
When requesting a correction, please mention this item's handle: RePEc:don:donwpa:057. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Amy Johnson)
If references are entirely missing, you can add them using this form.