Aparicio-Fenoll, A. and Oppedisano, V. 2016. Should I stay or should I go? Sibling effects in household formation. Review of Economics of the Household. 14 (4), pp. 1007-1027. https://doi.org/10.1007/s11150-016-9325-1
| Title | Should I stay or should I go? Sibling effects in household formation |
|---|---|
| Type | Journal article |
| Authors | Aparicio-Fenoll, A. and Oppedisano, V. |
| Abstract | This paper analyzes peer effects among siblings in the decision to leave parental home. Estimating peer effects is challenging because of problems of refection, endogenous group formation, and correlated unobservables. We overcome these issues using the exogenous variation in siblings' household formation implied by the eligibility rules for a Spanish rental subsidy. Our results show that sibling effects are negative and that these effects can be explained by the presence of old or ill parents. Sibling effects turn positive from older to younger close-in-age siblings, when imitation is more likely to prevail. Our findings indicate that policy makers who aim at fostering household formation should target the household rather than the individual and combine policies for young adults with policies for the elderly. |
| Keywords | Peer effects, Siblings, Household formation, Living arrangements |
| Journal | Review of Economics of the Household |
| Journal citation | 14 (4), pp. 1007-1027 |
| ISSN | 1569-5239 |
| Year | 2016 |
| Publisher | Springer |
| Accepted author manuscript | |
| Digital Object Identifier (DOI) | https://doi.org/10.1007/s11150-016-9325-1 |
| Publication dates | |
| Published | 21 Jan 2016 |