1. Who supports whom? Do adult children living at home share their incomes with their parents?
- Author
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Iacovou M and Davia MA
- Abstract
Across the developed world, young adults are now more likely to live with their parents than they were two or three decades ago. This is typically viewed, both in the media and in scholarly research, as an economic burden on parents. This article investigates, for the first time, the extent to which financial support is also given in the opposite direction, with young people contributing to their households' living costs. We use data on 19 European countries from the 2010 European Union Statistics on Income and Living Conditions (N = 553 in Austria to N = 2777 in Italy). Many young adults do share their incomes with their families, with the degree of sharing being the highest among the poorest households. In a substantial minority of households, particularly in lower-income countries, the contributions of young adult household members keep households out of poverty., (Copyright © 2019 Elsevier Ltd. All rights reserved.)
- Published
- 2019
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