EconPapers    
Economics at your fingertips  
 

Household formation over time: evidence from two cohorts of young adults

Daniel Cooper and Maria Luengo-Prado ()

No 16-17, Working Papers from Federal Reserve Bank of Boston

Abstract: 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.

JEL-codes: D10 J11 R20 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-lab
Date: 2016-11-15
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
https://www.bostonfed.org/publications/research-de ... of-young-adults.aspx Summary (text/html)
https://www.bostonfed.org/-/media/Documents/Workingpapers/PDF/wp1617.pdf Full text (application/pdf)

Related works:
Journal Article: Household formation over time: Evidence from two cohorts of young adults (2018) Downloads
Working Paper: Household formation over time: evidence from two cohorts of young adults (2015) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedbwp:16-17

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Working Papers from Federal Reserve Bank of Boston Contact information at EDIRC.
Bibliographic data for series maintained by Catherine Spozio ().

 
Page updated 2019-07-11
Handle: RePEc:fip:fedbwp:16-17