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About the Authors vii
Introduction: The Price of Independence: The Economics of Early Adulthood Sheldon Danziger Cecilia Elena Rouse 1
Securing Employment and Completing Schooling 25
Failure to Launch: Cross-National Trends in the Transition to Economic Independence Lisa Bell Gary Burtless Janet Gornick Timothy M. Smeeding 27
Is the Company Man an Anachronism? Trends in Long-Term Employment in the United States, 1973 to 2006 Henry S. Farber 56
Health Insurance and the Transition to Adulthood Helen Levy 84
Blurring the Boundary: Changes in Collegiate Participation and the Transition to Adulthood Maria D. Fitzpatrick Sarah E. Turner 107
Living with Parents Longer and Starting Families Later 139
Labor Market Experiences and Transitions to Adulthood Carolyn J. Hill Harry Holzer 141
Young Adults Leaving the Nest: The Role of the Cost of Living Aaron S. Yelowitz 170
Sticking Around: Delayed Departure from the Parental Nest in Western Europe Katherine Newman Sofya Aptekar 207
To Have and to Hold: An Analysis of Young Adult Debt Ngina S. Chiteji 231
FamilyBackground, Incarceration, and the Transition to Adulthood 259
Family Background and Children's Transitions to Adulthood over Time Melanie Guldi Marianne E. Page Ann Huff Stevens 261
Early Incarceration Spells and the Transition to Adulthood Steven Raphael 278
Index 307
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Bryan Williams
reviewed The Price of Independence: The Economics of Early Adulthood on February 15, 2015
The Price of Independence: The Economics of Early Adulthood
The organization leaves much to be desired and the writing style is exceedingly dry. Despite the importance of the subject, it rests on broad conclusions and assumptions about societal perceptions rather than citing evidence from the era's policymakers and their aims, which would be exceedingly useful to policymakers today. The narrative is ungrounded, jumping from decade to decade and back again, with no recall to previous passages to drive any central thesis home.
Perhaps my biggest gripe is the blatant disregard for social liberal/ democratic socialist constructs, with a rigid adherence to the "sanctity" of free markets, as if the West v East German perspective put an end to the debate between the only two available options.
If you're one of the unfortunate students forced to read this book, I highly recommend reading only the beginning sections of each chapter and part. It will be the best way to lift any kind of consistent narrative from these pages.
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