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A platform for research: civil engineering, architecture and urbanism
Economic conditions and the living arrangements of young adults: 1960 to 2011
Abstract The recent economic downturn in the USA has coincided with stories of young men and women choosing to remain at home, or to move back in with their parents since they cannot afford to live independently. This paper first describes changes in parental coresidence over the last half-century, and then assesses the causal link between economic conditions and living arrangements among young adults using data on more than 15 million individuals from 1960 to 2011. Comparing changes in economic conditions across US states to changes in living arrangements, I find that fewer jobs, low wages, and high rental costs all lead to increases in the numbers of men and women living with their parents. The magnitudes of the effects are quite large: for men, I estimate that changes in economic factors alone are large enough to have caused the observed changes in parental coresidence between 1970 and 2011.
Economic conditions and the living arrangements of young adults: 1960 to 2011
Abstract The recent economic downturn in the USA has coincided with stories of young men and women choosing to remain at home, or to move back in with their parents since they cannot afford to live independently. This paper first describes changes in parental coresidence over the last half-century, and then assesses the causal link between economic conditions and living arrangements among young adults using data on more than 15 million individuals from 1960 to 2011. Comparing changes in economic conditions across US states to changes in living arrangements, I find that fewer jobs, low wages, and high rental costs all lead to increases in the numbers of men and women living with their parents. The magnitudes of the effects are quite large: for men, I estimate that changes in economic factors alone are large enough to have caused the observed changes in parental coresidence between 1970 and 2011.
Economic conditions and the living arrangements of young adults: 1960 to 2011
Matsudaira, Jordan D. (author)
2015
Article (Journal)
Electronic Resource
English
RVK:
ELIB39
/
ELIB45
Local classification FBW:
oek 2608
BKL:
74.80
Demographie
/
83.31$jWirtschaftswachstum
/
74.80$jDemographie$XGeographie
/
83.31
Wirtschaftswachstum
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