Transitions from home to marriage of young Americans
研究收入对美国年轻人从离家、独立生活到首次结婚等转变的影响,使用匹配模型和多状态多转变模型,发现收入有显著作用。
Abstract The paper examines the impact of income on the transitions between home, living independently and first marriage of young Americans. A matching model is outlined, similar to that used in theories of job search, to explain the probability of marriage and living alone. A multiple‐state, multiple‐transition model which allows for correlated heterogeneity on the first and subsequent transitions is estimated. The results show that income has a strong and significant effect. The impact of unobserved heterogeneity is examined in detail. The impact of the young person's earnings on the transitions is explored through simulation. Copyright © 2002 John Wiley & Sons, Ltd.