predicting that higher job security of parents and lower job security of children may delay emancipation. We then provide …, the single country for which we have access to household-specific information on job security and coresidence. It is a … home and they had only a 4% probability of emancipation in the subsequent 3 years. We show that this probability would have …

In this paper, we propose a theoretical model to study the effect of income insecurity of parents and offspring on the … independent child when her income is low relative to the parents’. We show that first-order stochastic dominance (FOSD) shifts in … the distribution of the child’s future income (or her parents') will have ambiguous effects on the child's residential …

lower job insecurity of parents and higher job insecurity of children delay emancipation. We provide aggregate evidence … which supports this hypothesis for 12 European countries and which helps account for the increase in coresidence in the 1990 …-specific information on job security of fathers and coresidence. In the late 1990s, approximately 75% of young Italians aged 18 to 35 were …

Using four rounds (1999, 2002, 2005, 2008) of the Korean Labor and Income Panel Study (KLIPS), this article examines … determinants of household income and consumption levels and inequalities. Unconditional as well as conditional stochastic dominance … first- and second-order dominance in distribution of income and consumption. The results provide a detailed and up …