@article {6520,
	title = {The Impact of Employment on Parental Coresidence},
	journal = {Real Estate Economics},
	volume = {47},
	year = {2019},
	pages = {1055-1088},
	type = {Journal},
	abstract = {We examine the extent to which parents use housing and shared living arrangements as a form of risk-sharing for their adult children, using detailed data on children and parents in the Health and Retirement Study for 1998 2012. On average, a young man moving from full-time to nonemployment raises the likelihood of coresiding with a parent by 1.5 percentage points; moving from full-time employment to being part-time employed raises the likelihood of coresiding with a parent by 2 percentage points. The implied elasticity of parental coresidence with respect to the son{\textquoteright}s income is -1.1; for daughters, the elasticity is -0.5.},
	keywords = {Adult children, Employment and Labor Force, Other},
	doi = {10.1111/1540-6229.12152},
	url = {http://dx.doi.org/10.1111/1540-6229.12152},
	author = {Gary V. Engelhardt and Michael D. Eriksen and Nadia Greenhalgh-Stanley}
}
