Arbeitspapier

Job Insecurity and Children?s Emancipation

The age at which children leave the parental home differs considerably across countries. We present a theoretical model predicting that higher job security of parents and lower job security of children may delay emancipation. We then provide aggregate evidence which supports this hypothesis for 12 European countries. We also give microeconometric evidence for Italy, the single country for which we have access to household-specific information on job security and coresidence. It is a very interesting case to study since, in the late 1990s, approximately 75% of young Italians aged 18 to 35 were living at home and they had only a 4% probability of emancipation in the subsequent 3 years. We show that this probability would have increased by 4 to 10 percentage points if their fathers had gone from having a fully secure job to becoming unemployed for sure.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 1046

Klassifikation
Wirtschaft
Thema
emancipation
job security
option value
Jugendliche
Alleinlebende
Familiensoziologie
Arbeitsplatzsicherung
Arbeitslosigkeit
Realoption
Schätzung
Italien

Ereignis
Geistige Schöpfung
(wer)
Becker, Sascha O.
Bentolila, Samuel
Fernandes, Ana
Ichino, Andrea
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2004

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Becker, Sascha O.
  • Bentolila, Samuel
  • Fernandes, Ana
  • Ichino, Andrea
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2004

Ähnliche Objekte (12)