Job insecurity and youth emancipation
Subtitle: a theoretical approach
By: by Sascha O. Becker ... [et al.].
Contributors: Becker, Sascha O.
Series: Discussion paper ;; no. 1869; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) ;; no. 1869
Publisher: IZA
Published: 2005
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Job security.; Youth.
Description: "In this paper, we propose a theoretical model to study the effect of income insecurity of parents and offspring on the child's residential choice. Parents are partially altruistic toward their children and will provide financial help to an independent child when her income is low relative to the parents'. We show that first-order stochastic dominance (FOSD) shifts in the distribution of the child's future income (or her parents') will have ambiguous effects on the child's residential choice. The analysis identifies altruism as the source of ambiguity in the results. If parents are selfish or the joint income distribution of parents and child places no mass on the region where transfers are provided, a FOSD shift in the distribution of the child's (parents') future income will reduce (raise) the child's current income threshold for independence"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 12/5/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.