Aassve, Arnstein; Burgess, Simon; Chesher, Andrew; … - In: Journal of Applied Econometrics 17 (2002) 1, pp. 1-23
The paper examines the impact of income on the transitions between home, living independently and first marriage of young Americans. A matching model is outlined, similar to that used in theories of job search, to explain the probability of marriage and living alone. A multiple-state,...