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Author: Cooper, Daniel H.
Resulting in 2 citations.
1. Cooper, Daniel H.
Luengo-Prado, Maria Jose
Household Formation over Time: Evidence from Two Cohorts of Young Adults
Working Paper No. 16-17, Federal Reserve Bank of Boston, February 2017.
Also: https://www.bostonfed.org/publications/research-department-working-paper/2016/household-formation-over-time-evidence-from-two-cohorts-of-young-adults.aspx
Cohort(s): NLSY79, NLSY97
Publisher: Federal Reserve Bank of Boston
Keyword(s): Household Composition; Residence, Return to Parental Home/Delayed Homeleaving

Permission to reprint the abstract has not been received from the publisher.

This paper analyzes household formation in the United States using data from two cohorts of the national Longitudinal Survey of Youth (NLSY)--the 1979 cohort and the 1997 cohort. The analysis focuses on how various demographic and economic factors impact household formation both within cohorts and over time across cohorts. The results show that there are substantial differences over time in the share of young adults living with their parents. Differences in housing costs and business-cycle conditions can explain up to 70 percent of the difference in household-formation rates across cohorts. Shifting attitudes toward co-habitation with parents and changes in parenting styles also play a role.
Bibliography Citation
Cooper, Daniel H. and Maria Jose Luengo-Prado. "Household Formation over Time: Evidence from Two Cohorts of Young Adults." Working Paper No. 16-17, Federal Reserve Bank of Boston, February 2017.
2. Cooper, Daniel H.
Luengo-Prado, Maria Jose
Household Formation over Time: Evidence from Two Cohorts of Young Adults
Journal of Housing Economics 41 (September 2018): 106-123.
Also: https://www.sciencedirect.com/science/article/pii/S1051137717303108
Cohort(s): NLSY79, NLSY97
Publisher: Elsevier
Keyword(s): Household Composition; Parenting Skills/Styles; Residence, Return to Parental Home/Delayed Homeleaving

This paper examines how various demographic and economic factors impact household formation both within and across cohorts. The results show substantial differences in the share of young adults living with their parents over time. Differences in demographics, housing costs, and business-cycle conditions can explain as much as 70 percent of the difference in household-formation rates across cohorts, a result driven in large part by increased sensitivity of young adults' household-formation decisions to economic conditions. Changes in parenting styles and shifting social norms likely also play roles.
Bibliography Citation
Cooper, Daniel H. and Maria Jose Luengo-Prado. "Household Formation over Time: Evidence from Two Cohorts of Young Adults." Journal of Housing Economics 41 (September 2018): 106-123.