Children and Household Utility: Evidence from Kids Flying the Coop

@inproceedings{Coe2010ChildrenAH,
  title={Children and Household Utility: Evidence from Kids Flying the Coop},
  author={Norma B Coe and Anthony Webb},
  year={2010}
}
Using consumption and wealth data from the Health and Retirement Study (HRS), this paper explores the impact of children leaving home on household consumption. We find that households maintain their household-level consumption, despite the fact that the number of individuals in the household has decreased, increasing per-capita consumption. Further, we find no evidence of increases in total net wealth, or any of its components, after children leave the household. These findings suggest that… CONTINUE READING

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