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Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
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dc.contributor.author | Giannelli, Gianna Claudia | en |
dc.contributor.author | Monfardini, Chiara | en |
dc.date.accessioned | 2009-01-28T16:18:49Z | - |
dc.date.available | 2009-01-28T16:18:49Z | - |
dc.date.issued | 2000 | - |
dc.identifier.uri | http://hdl.handle.net/10419/21034 | - |
dc.description.abstract | This paper analyses the effects of expected earnings and local markets conditions on thebehaviour of young adults with high school diplomas. Decisions to either remain in the parentalhome or form a new household are modelled jointly with those of either gaining work experienceor investing in a university education. A multinomial probit model estimates the probabilities ofthe different pairs of outcomes. Expected lifetime earnings of youths are modelled andestimated, and serve as choice-specific regressors in the probit model. According to our results,the most important factor influencing the choice of studying and residing with parents isexpected lifetime earnings from a university degree. A sizeable discouraged worker effectinduces young people to study when labour market opportunities are poor. The cost of housinggreatly influences the choice of working and living in the parental home. Two policy experimentsoffer some suggestions for policy makers. The first one measures the extent to which housingpolicies, targeted at reducing housing costs, would allow youths to live away from the parentalhome. A second indicates how much labour market policies, targeted at lowering youthunemployment to some desired levels, could decrease the number of discouraged workers thatchoose to study. | en |
dc.language.iso | eng | en |
dc.publisher | |aInstitute for the Study of Labor (IZA) |cBonn | en |
dc.relation.ispartofseries | |aIZA Discussion Papers |x191 | en |
dc.subject.jel | C25 | en |
dc.subject.jel | J12 | en |
dc.subject.jel | J24 | en |
dc.subject.jel | J31 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | Human capital | en |
dc.subject.keyword | living arrangements | en |
dc.subject.keyword | local labour markets | en |
dc.subject.keyword | multinomial probit | en |
dc.subject.stw | Jugendliche | en |
dc.subject.stw | Bildungsökonomik | en |
dc.subject.stw | Wohnungswechsel | en |
dc.subject.stw | Bildungsertrag | en |
dc.subject.stw | Lebenseinkommen | en |
dc.subject.stw | Erwartungstheorie | en |
dc.subject.stw | Lehrstellenmarkt | en |
dc.subject.stw | Regionale Arbeitslosigkeit | en |
dc.subject.stw | Schätzung | en |
dc.subject.stw | Italien | en |
dc.title | Joint Decisions on Household Membership and Human Capital Accumulation of Youths - The role of expected earnings and local markets | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 835308707 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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