The analysis uses new data matching parents and their young adult children to study the impact of family background on young people's educational attainments. The data is derived from the first seven years (1991-97) of the British Household Panel Study. Parents' educational attainments are found...

This paper estimates a household's demand function for housing using household data. Estimates of the price and (current) income elasticities are robust at about -0.4 and 0.5 respectively. Independent of price and income effects, there is a strong age pattern to household demand. In conjunction...

This paper derives predictions about the impact of the price of housing, young adults' income, and parental income on the probability that a young adult lives apart from his/her parents. It shows that the predicted effect of the price of housing is intimately related to the price elasticity of...