Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/169276
Authors: 
Sironi, Maria
Year of Publication: 
2017
Series/Report no.: 
LIS Working Paper Series 716
Abstract: 
Transition to adulthood has undoubtedly changed in the last few decades. For youth today, an important marker of adulthood is self-actualization in their professional career, and, consequently, also the achievement of stable financial conditions. Economic conditions of youth are greatly subject to fluctuations in the economy, and the subsequent governmental response. Using the Luxembourg Income Study, this work investigates the trends in income from work of young adults before and after the Great Recession of 2008 in five countries - US, UK, Norway, Germany, and Spain. The findings show deterioration in economic conditions of young men, but with differences across countries. Young women suffer less from the crisis, and in some countries, their economic situation improves. The general negative trend is especially pronounced for those with high education, which is primarily because they stay in education longer.
Subjects: 
Transition to adulthood
Employment
Economic Conditions
Great Recession
Luxembourg Income Study
Document Type: 
Working Paper

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