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Living with mom and dad and loving it…or Are you?

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  • Nikolaev, Boris

Abstract

We investigate how living at the parental home affects the subjective well-being of young adults using a large representative panel dataset from the Household, Income and Labour Dynamics in Australia (HILDA) Survey from 2001 to 2013. We find that adults who live with their parents past adolescence are more likely to be less satisfied with their life after controlling for individual fixed effects, a large set of household and personal characteristics, and important life events ranging from recent unemployment to death of a spouse. This negative association increases with age, but at a decreasing rate. It peaks between the ages of 35–45 and then slowly dissipates. Results are robust to caliber Propensity Score Matching (PSM) analysis.

Suggested Citation

  • Nikolaev, Boris, 2015. "Living with mom and dad and loving it…or Are you?," Journal of Economic Psychology, Elsevier, vol. 51(C), pages 199-209.
    • Handle: RePEc:eee:joepsy:v:51:y:2015:i:c:p:199-209
    DOI: 10.1016/j.joep.2015.08.009
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    Cited by:

    1. Boris Nikolaev, 2018. "Does Higher Education Increase Hedonic and Eudaimonic Happiness?," Journal of Happiness Studies, Springer, vol. 19(2), pages 483-504, February.
    2. Xinyi Wang & F. Atiyya Shaw & Patricia L. Mokhtarian & Giovanni Circella & Kari E. Watkins, 2023. "Combining disparate surveys across time to study satisfaction with life: the effects of study context, sampling method, and transport attributes," Transportation, Springer, vol. 50(2), pages 513-543, April.
    3. d'Adda, Giovanna & Galliera, Arianna & Tavoni, Massimo, 2020. "Urgency and engagement: Empirical evidence from a large-scale intervention on energy use awareness," Journal of Economic Psychology, Elsevier, vol. 81(C).
    4. Xiangdan Piao & Xinxin Ma & Shunsuke Managi, 2021. "Impact of the Intra-household Education Gap on Wives’ and Husbands’ Well-Being: Evidence from Cross-Country Microdata," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 156(1), pages 111-136, July.
    5. Nikolaev, Boris, 2016. "Does Higher Education Increase Hedonic and Eudaimonic Happiness?," MPRA Paper 78438, University Library of Munich, Germany.

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    More about this item

    Keywords

    Subjective well-being; Emerging adulthood; Living with parents;
    All these keywords.

    JEL classification:

    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers

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