Full Citation

Title: Agriculture to industry: The end of intergenerational coresidence

Citation Type: Journal Article

Publication Year: 2019

ISBN:

ISSN: 10942025

DOI: 10.1016/j.red.2019.03.007

NSFID:

PMCID:

PMID:

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 one-good, two-sector overlapping generation model of the structural change out of agriculture, in which the coresidence choice is endogenous. We calibrate the model on U.S. data and simulate it. The model can match the decline in U.S. intergenerational coresidence both qualitatively and quantitatively.

Url: https://www.sciencedirect.com/science/article/pii/S1094202518302862

User Submitted?: No

Authors: Pensieroso, Luca; Sommacal, Alessandro

Periodical (Full): Review of Economic Dynamics

Issue:

Volume: 34

Pages: 87-102

Data Collections: IPUMS USA

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

Countries: