How do times of economic boom and bust affect the family setting and youth as they transition from adolescence to young adulthood? Research has rarely considered how support for the transition from adolescence to young adulthood within the family setting might vary as a result of the larger economy. Newman will evaluate three theoretical explanations to better understand these relationships and develop a new and integrated framework: the family stress model, and life course theory. Household and family variables such as parental stress, conflict, strictness, warmth, monitoring, rules, and relationship quality will be evaluated to identify distinct family profiles that may offset or exacerbate the effects of financial resources on educational attainment, annual earnings, and living arrangements in young adulthood. Samples will be derived from the Panel Study of Income Dynamics in 1997 and Child Development Supplement cohorts from 2002, which both follow respondents from adolescence through young adulthood before and during a recession. In addition, administrative data from the American Community Survey, U.S. Census, and three federal housing datasets will be used to create indices of potential earning and affordable housing opportunities across each of the study periods.
How do times of economic boom and bust affect the family setting and youth as they transition from adolescence to young adulthood?