Universität zu Köln

Lersch, Philipp M. ORCID: 0000-0003-3863-8301 and Luijkx, Ruud ORCID: 0000-0002-9698-2891 (2015). Intergenerational transmission of homeownership in Europe: Revisiting the socialisation hypothesis. Soc. Sci. Res., 49. S. 327 - 343. SAN DIEGO: ACADEMIC PRESS INC ELSEVIER SCIENCE. ISSN 1096-0317

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Abstract

Socialisation towards homeownership during childhood has been proposed as one transmission channel of homeownership across generations in previous literature, but tests of this socialisation hypothesis are scarce. This study presents the yet most rigorous test of the socialisation hypothesis using retrospective life-history data (SHARELIFE, N = 19,567 individuals) from 13 European countries. Event history and panel regression models are applied. Results show that socialisation in homeownership positively affects the hazard rates of entering homeownership for the first time and the probability to be a homeowner throughout individuals' lives net of other parental background variables and material transfers. We find a socialisation effect across divergent (but not all) examined countries. Further sensitivity analyses using a placebo test and a hypothetical confounder support the conclusion that being socialised in homeownership during childhood increases the chances of becoming and being a homeowner in later life. (C) 2014 Elsevier Inc. All rights reserved.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Lersch, Philipp M. UNSPECIFIED orcid.org/0000-0003-3863-8301 UNSPECIFIED Luijkx, Ruud UNSPECIFIED orcid.org/0000-0002-9698-2891 UNSPECIFIED
URN:	urn:nbn:de:hbz:38-419738
DOI:	10.1016/j.ssresearch.2014.08.010
Journal or Publication Title:	Soc. Sci. Res.
Volume:	49
Page Range:	S. 327 - 343
Date:	2015
Publisher:	ACADEMIC PRESS INC ELSEVIER SCIENCE
Place of Publication:	SAN DIEGO
ISSN:	1096-0317
Language:	English
Faculty:	Faculty of Management, Economy and Social Sciences
Divisions:	Faculty of Management, Economics and Social Sciences > Social Sciences > Sociology and Social Psychology > Department of Scociology
Subjects:	no entry
Uncontrolled Keywords:	Keywords Language HOME-OWNERSHIP; TRANSFERS; WEALTH; CHILDREN; PARENTS; IMPACT Multiple languages Sociology Multiple languages
Refereed:	Yes
URI:	http://kups.ub.uni-koeln.de/id/eprint/41973