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Title: Agriculture to Industry: the End of Intergenerational Coresidence

Citation Type: Working Paper

Publication Year: 2017

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Abstract: We show that the structural change of the economy from agriculture to industry was a major determinant of the observed shift in intergenerational coresidence. We build a two-sector overlapping generation model of the structural change out of agriculture, in which the coresidence choice is endogenous. We calibrate the model on US data and simulate it. The model can match well the decline in US intergenerational coresidence between 1870 and 1940.

Url: http://dse.univr.it/home/workingpapers/wp2017n10.pdf

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Authors: Pensieroso, Luca; Sommacal, Alessandro

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Publication Number: 10

Institution: University of Verona

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Publisher Location: Verona, Italy

Data Collections: IPUMS USA

Topics: Family and Marriage, Labor Force and Occupational Structure, Other

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