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MPIDR Working Paper

Transitions from home to marriage of young Americans

Aassve, A., Burgess, S., Chesher, A., Propper, C.

MPIDR Working Paper WP-2001-004 (Januar 2001).
Rostock, Max-Planck-Institut für demografische Forschung

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)

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