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Transitions from home to marriage of young Americans

Year: 2002

Type: article

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.

Source: Journal of Applied Econometrics

DOI: 10.1002/jae.636

Authors: Arnstein Aassve, Simon Burgess, Andrew Chesher, Carol Propper

Institutions: Max Planck Institute for Demographic Research, University of Bristol, University College London

Language: English

Topic: Family Dynamics and Relationships

Subfield: Demography

Field: Social Sciences

Domain: Social Sciences

SDGs: No poverty, Decent work and economic growth, Reduced inequalities

Open Access status: green

OpenAlex ID: W2117449835

FWCI: 5.957

Cites: 19

Cited by: 51

Related to: 10