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Title: The Millennial Success Sequence: Marriage, Kids, and the 'Success Sequence' among Young Adults
Resulting in 1 citation.
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Wang, Wendy Wilcox, W. Bradford |
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The Millennial Success Sequence: Marriage, Kids, and the 'Success Sequence' among Young Adults Report, American Enterprise Institute (AEI) and Institute for Family Studies, June 2017. Also: http://www.aei.org/publication/millennials-and-the-success-sequence-how-do-education-work-and-marriage-affect-poverty-and-financial-success-among-millennials/ Cohort(s): NLSY79, NLSY97 Publisher: American Enterprise Institute for Public Policy Research Keyword(s): Childbearing, Premarital/Nonmarital; Educational Attainment; Family Formation; Labor Force Participation; Life Course; Marriage; Poverty; Socioeconomic Status (SES) Permission to reprint the abstract has not been received from the publisher. [Extracted from Executive Summary]: A record 55% of Millennial parents (ages 28-34) have put childbearing before marriage, according to a new analysis of Bureau of Labor Statistics' Panel data by the American Enterprise Institute and the Institute for Family Studies. As the oldest of the nation's largest generation, these Millennials were born between 1980 and 1984 and were surveyed between 2013 and 2014, in the latest wave of the National Longitudinal Survey of Youth 1997 (NLSY97). By comparison, when the youngest Baby Boomers (born between 1957 and 1964) were the same age and became parents, only a quarter of them had their first child before marriage...These divergent paths toward adulthood are associated with markedly different economic fortunes among Millennials. Young adults who put marriage first are more likely to find themselves in the middle or upper third of the income distribution, compared to their peers who have not formed a family and especially compared to their peers who have children before marrying. |
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Bibliography Citation
Wang, Wendy and W. Bradford Wilcox. "The Millennial Success Sequence: Marriage, Kids, and the 'Success Sequence' among Young Adults." Report, American Enterprise Institute (AEI) and Institute for Family Studies, June 2017. |