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Modelling state dependence and feedback effects between poverty, employment and parental home emancipation among European youth

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dc.contributor.author Ayllón Gatnau, Sara
dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
dc.date.accessioned 2017-07-26T10:50:25Z
dc.date.available 2017-07-26T10:50:25Z
dc.date.issued 2009-10-01
dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=1180
dc.identifier.citation VATT
dc.identifier.uri http://hdl.handle.net/10230/6069
dc.description.abstract Youth is one of the phases in the life-cycle when some of the most decisive life transitions take place. Entering the labour market or leaving parental home are events with important consequences for the economic well-being of young adults. In this paper, the interrelationship between employment, residential emancipation and poverty dynamics is studied for eight European countries by means of an econometric model with feedback effects. Results show that youth poverty genuine state dependence is positive and highly significant. Evidence proves there is a strong causal effect between poverty and leaving home in Scandinavian countries, however, time in economic hardship does not last long. In Southern Europe, instead, youth tend to leave their parental home much later in order to avoid falling into a poverty state that is more persistent. Past poverty has negative consequences on the likelihood of employment.
dc.format.mimetype application/pdf
dc.language.iso eng
dc.relation.ispartofseries Economics and Business Working Papers Series; 1180
dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.title Modelling state dependence and feedback effects between poverty, employment and parental home emancipation among European youth
dc.type info:eu-repo/semantics/workingPaper
dc.date.modified 2017-07-23T02:12:50Z
dc.subject.keyword youth poverty dynamics
dc.subject.keyword trivariate multinomial probit
dc.subject.keyword state dependence
dc.subject.keyword feedback effects
dc.subject.keyword unobserved heterogeneity
dc.subject.keyword Economic and Business History
dc.subject.keyword Labour, Public, Development and Health Economics
dc.rights.accessRights info:eu-repo/semantics/openAccess

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