Family Formation and the Great Recession.
This paper studies how exposure to recessions as a young adult impacts long-term family formation in the context of the Great Recession. Using confidential linked survey data from U.S. Census, I document that exposure to a 1 pp larger unemployment shock in the Great Recession in one's early 20s is a...
| Publicado en: | Journal of Labor Research Vol. 46; no. 3/4; pp. 77 - 116 |
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| Formato: | Artículo |
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Springer Nature
Dec2025
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=189910585&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 189910585 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 01953613 JLR jtl: Journal of Labor Research issn: 01953613 maglogo: N pubinfo: dt: Dec2025 vid: 46 iid: 3/4 pid: 237 pub: Springer Nature artinfo: ui: 189910585 10.1007/s12122-025-09373-4 ppf: 77 ppct: 39 formats: fmt: – @attributes: type: T – @attributes: type: P size: 970KB tig: atl: Family Formation and the Great Recession. aug: au: Anstreicher, Garrett affil: https://ror.org/043mer456 University of Nebraska-Lincoln, Lincoln, NE, USA su: U.S. Census Bureau Unemployment Unmarried couples Fertility Income inequality Family structure Great Recession, 2008-2013 sug: subj: Unemployment Unmarried couples Fertility Income inequality Family structure U.S. Census Bureau Great Recession, 2008-2013 keyword: Equivalence scales Great recession Marriage Medical and Health Sciences Public Health and Health Services Economics Econometrics Equivalence scales Great recession Marriage Medical and Health Sciences Public Health and Health Services Economics Econometrics ab: This paper studies how exposure to recessions as a young adult impacts long-term family formation in the context of the Great Recession. Using confidential linked survey data from U.S. Census, I document that exposure to a 1 pp larger unemployment shock in the Great Recession in one's early 20s is associated with a 0.8 pp decline in likelihood of marriage by their early 30s. These effects are not explained by substitution toward cohabitation with unmarried partners, are concentrated among whites, and are notably absent for individuals from high-income families. The estimated effects on fertility are also negative but imprecisely estimated. A back-of-the-envelope exercise using literature estimates of consumption equivalence scales suggests that these reductions in family formation may have increased the long-run impact of the Recession on consumption relative to its impact on individual earnings by a considerable extent. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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