Agriculture to Industry: the End of Intergenerational Coresidence

B-Tier
Journal: Review of Economic Dynamics
Year: 2019
Volume: 34
Pages: 87-102

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We show that the structural change of the economy from agriculture to industry was a major determinant of the observed shift in intergenerational coresidence. We build a one-good, two-sector overlapping generation model of the structural change out of agriculture, in which the coresidence choice is endogenous. We calibrate the model on U.S. data and simulate it. The model can match the decline in U.S. intergenerational coresidence both qualitatively and quantitatively. (Copyright: Elsevier)

Technical Details

RePEc Handle
repec:red:issued:18-257
Journal Field
Macro
Author Count
2
Added to Database
2026-01-28