Full Citation
Title: Parental Proximity and Earnings after Job Displacements
Citation Type: Working Paper
Publication Year: 2017
ISBN:
ISSN:
DOI:
NSFID:
PMCID:
PMID:
Abstract: Young adults, ages 25 to 35, who live in the same neighborhoods as their parents experience stronger earnings recoveries after a job displacement than those who live farther away. This result is driven by smaller on-impact wage reductions and sharper recoveries in both hours and wages. We show that geographic mobility, different job search durations, housing transfers, and ex-ante differences between individuals are unlikely explanations. Our fi ndings are consistent with a framework in which some individuals living near their parents face a better wage-offer distribution, though we fi nd no direct evidence of parental network effects.
User Submitted?: No
Authors: Coate, Patrick; Krolikowski, Pawel; Zabek, Mike
Series Title:
Publication Number: 17-22
Institution: Federal Reserve Bank of Cleveland
Pages: 74
Publisher Location: Cleveland, OH
Data Collections: IPUMS NHGIS
Topics: Family and Marriage, Labor Force and Occupational Structure, Migration and Immigration
Countries: