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and homeownership. The cost of shelter is an important determinant of whether youth live independently (apart from parents … and other nonrelated adults), and the cost of homeownership relative to renting is important to the tenure decision … lowered the homeownership rate among young households by 23 percent, which is equivalent to slowing the time to first …
Persistent link: https://www.econbiz.de/10012474496
lender imposed borrowing constraints. The data set is a panel of youth age 20-33 for the years 1985-90. Our methods differ … constraints affect the tendency to own a home. In our sample of youth, 37% of households are constrained even after choosing their …
Persistent link: https://www.econbiz.de/10012473215
This paper describes the real wealth accumulation of American youth and relates this behavior to variations in real … for a down payment. Using a panel data set for youth age 20-33 for the years 1985 through 1990 we find that the combined …
Persistent link: https://www.econbiz.de/10012473216
This paper describes the wealth accumulation of American youth and relates this behavior to their eventual housing … choices. We develop a data set that links wealth profiles of youth with constant- quality house prices and tenure choice. A … panel data set is compiled for youth age 20-33 for the years 1985 through 1990. We construct wealth profiles for each …
Persistent link: https://www.econbiz.de/10012473819
Persistent link: https://www.econbiz.de/10001390808
school students are participating in these programs. The first data source, the National Longitudinal Survey of Youth, 1997 …
Persistent link: https://www.econbiz.de/10012471017
trials of summer youth employment programs in Chicago and Philadelphia to demonstrate how multiple experiments can help …; youth at higher risk of socially costly outcomes experience larger benefits. Identifying more interventions that combine …
Persistent link: https://www.econbiz.de/10012510583
This paper presents evidence that young unemployed job seekers choose higher levels of search effort (as measured by numbers of methods used and time spent per method) and lower relative reservation wages than do comparable employed seekers. The unemployed also have higher probabilities of...
Persistent link: https://www.econbiz.de/10012477215
In this paper I investigate the use of different search methods by unemployed youth. I present a job search model which …
Persistent link: https://www.econbiz.de/10012477217
This paper examines the changing employment patterns for young men and women aged 16 to 24 over the 1970s and pays particular attention to the widening racial differences. Between 1970 and 1980 employment rates for both black men and women in this age range fell roughly 14 points relative to...
Persistent link: https://www.econbiz.de/10012478048