EconPapers    
Economics at your fingertips  
 

Economic Conditions of Young Adults Before and After the Great Recession

Maria Sironi ()

No 716, LIS Working papers from LIS Cross-National Data Center in Luxembourg

Abstract: Transition to adulthood has undoubtedly changed in the last few decades. For youth today, an important marker of adulthood is self-actualization in their professional career, and, consequently, also the achievement of stable financial conditions. Economic conditions of youth are greatly subject to fluctuations in the economy, and the subsequent governmental response. Using the Luxembourg Income Study, this work investigates the trends in income from work of young adults before and after the Great Recession of 2008 in five countries – US, UK, Norway, Germany, and Spain. The findings show deterioration in economic conditions of young men, but with differences across countries. Young women suffer less from the crisis, and in some countries, their economic situation improves. The general negative trend is especially pronounced for those with high education, which is primarily because they stay in education longer.

Keywords: Transition to adulthood; Employment; Economic Conditions; Great Recession; Luxembourg Income Study (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eur
Date: 2017-08
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Published in Journal of Family and Economic Issues, (2017): 1-14. https://doi.org/10.1007/s10834-017-9554-3

Downloads: (external link)
http://www.lisdatacenter.org/wps/liswps/716.pdf (application/pdf)

Related works:
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:lis:liswps:716

Access Statistics for this paper

More papers in LIS Working papers from LIS Cross-National Data Center in Luxembourg Contact information at EDIRC.
Bibliographic data for series maintained by Piotr Paradowski ().

 
Page updated 2019-08-20
Handle: RePEc:lis:liswps:716