Household arrangements and human capital investment decisions of young Italians with a high school diploma are analysed. A model of the choices of residing with parents or forming a new family, jointly with those of investing in either work experience, or further education, or stopping investment is estimated. The results show that family background has a major impact on the decision to study, housing costs induce co-residence, and unemployment increases the probability of studying. Education policies subsidising university studies on a merit ground would thus reduce income inequality, housing allowances would favour marriage, and labour policies would have the side-effect of decreasing university dropouts.

A Nest or a Golden Cage: Family Coresidence, Human Capital Investment and Labour Market Decisions of Young Adults / G. GIANNELLI; C. MONFARDINI. - In: INTERNATIONAL JOURNAL OF MANPOWER. - ISSN 0143-7720. - STAMPA. - 21:(2000), pp. 227-245. [10.1108/01437720010336012]

A Nest or a Golden Cage: Family Coresidence, Human Capital Investment and Labour Market Decisions of Young Adults

GIANNELLI, GIANNA CLAUDIA;
2000

Abstract

Household arrangements and human capital investment decisions of young Italians with a high school diploma are analysed. A model of the choices of residing with parents or forming a new family, jointly with those of investing in either work experience, or further education, or stopping investment is estimated. The results show that family background has a major impact on the decision to study, housing costs induce co-residence, and unemployment increases the probability of studying. Education policies subsidising university studies on a merit ground would thus reduce income inequality, housing allowances would favour marriage, and labour policies would have the side-effect of decreasing university dropouts.
2000
21
227
245
G. GIANNELLI; C. MONFARDINI
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Utilizza questo identificatore per citare o creare un link a questa risorsa: https://hdl.handle.net/2158/252808
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