Leaving Home in Europe: The Role of Parents’ and Children’s Incomes |
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| Authors: | David le Blanc François-Charles Wolff |
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| Affiliation: | (1) The World Bank, 1818 H Street NW, Washington DC, 20433, USA;(2) LEN-CEBS Université de Nantes, BP52231 Chemin de la Censive du Tertre, 44322 Nantes Cedex 3, France;(3) CNAV and INED, Paris, France |
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| Abstract: | This paper examines the role of parents’ and children’s incomes in the ‘leaving home’ decisions of young adults in Europe. Using the ECHP data on 11 European countries, results from random and fixed-effects models suggest that the leaving home decision is positively related to the child’s income. The effect of parents’ income is less clear and of lower magnitude. These patterns are broadly similar among European countries, in spite of significant differences in the institutional contexts. |
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| Keywords: | Leaving home Altruism Co-residence Income distribution Intergenerational transfers |
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