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Transitions from home to marriage of young Americans

Arnstein Aassve, Simon Burgess (), Andrew Chesher () and Carol Propper

No WP-2001-004, MPIDR Working Papers from Max Planck Institute for Demographic Research, Rostock, Germany

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 result show that income has a strong and significant effect. The impact of unobserved heterogeneuty is examined in detail. The impact of the young person´s earning on the transitions is explored through simulation. (AUTHORS)

JEL-codes: J1 Z0 (search for similar items in EconPapers)
Date: 2001-01
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