Household formation over time: evidence from two cohorts of young adults
This paper analyzes household formation in the United States using data from two cohorts of the national Longitudinal Survey of Youth (NLSY)—the 1979 cohort and the 1997 cohort. The analysis focuses on how various demographic and economic factors impact household formation both within cohorts and over time across cohorts. The results show that there are substantial differences over time in the share of young adults living with their parents. Differences in housing costs and business-cycle conditions can explain up to 70 percent of the difference in household-formation rates across cohorts. Shifting attitudes toward co-habitation with parents also play a role.
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- Greg Kaplan & Sam Schulhofer-Wohl, 2012.
"Interstate Migration Has Fallen Less Than You Think: Consequences of Hot Deck Imputation in the Current Population Survey,"
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- Greg Kaplan & Sam Schulhofer-Wohl, 2010. "Interstate Migration Has Fallen Less Than You Think: Consequences of Hot Deck Imputation in the Current Population Survey," NBER Working Papers 16536, National Bureau of Economic Research, Inc.
- Greg Kaplan & Sam Schulhofer-Wohl, 2011. "Interstate migration has fallen less than you think: consequences of hot deck imputation in the Current Population Survey," Staff Report 458, Federal Reserve Bank of Minneapolis.
- Greg Kaplan & Sam Schulhofer-Wohl, 2010. "Interstate migration has fallen less than you think: consequences of hot deck imputation in the Current Population Survey," Working Papers 681, Federal Reserve Bank of Minneapolis.
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- Dettling, Lisa J. & Hsu, Joanne W., 2014. "Returning to the Nest: Debt and Parental Co-residence Among Young Adults," Finance and Economics Discussion Series 2014-80, Board of Governors of the Federal Reserve System (U.S.).
- Bleemer, Zachary & Brown, Meta & Lee, Donghoon & Van der Klaauw, Wilbert, 2014. "Tuition, jobs, or housing: what's keeping millennials at home?," Staff Reports 700, Federal Reserve Bank of New York, revised 01 Jul 2017. Full references (including those not matched with items on IDEAS)
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