Financial Outcomes in Adolescence and Early Adulthood in Australian Longitudinal Data

28 Pages Posted: 9 Jan 2020

See all articles by John de New

John de New

University of Melbourne - Melbourne Institute of Applied Economic & Social Research

David C. Ribar

University of Melbourne

Chris Ryan

University of Melbourne - Melbourne Institute of Applied Economic & Social Research

Clement Wong

Melbourne Institute: Applied Economic & Social Research

Multiple version iconThere are 2 versions of this paper

Date Written: December 11, 2019

Abstract

This article describes and catalogues person-specific measures of financial outcomes that are available for adolescents and young adults in three large longitudinal Australian surveys: the Longitudinal Surveys of Australian Youth, the Longitudinal Study of Australian Children, and the Household, Income and Labour Dynamics in Australia Survey. It summarises international research that has been conducted on young people's financial outcomes, illustrating outcomes that have been investigated, research questions that have been asked, and distinctions that have been drawn between adolescents and young adults. It considers the strengths and weaknesses of the three surveys for extending this research into the Australian context.

Keywords: financial outcomes; adolescence; early adulthood; HILDA survey; LSAY; LSAC

JEL Classification: D14; G51

Suggested Citation

de New, John and Ribar, David C. and Ryan, Chris and Wong, Clement, Financial Outcomes in Adolescence and Early Adulthood in Australian Longitudinal Data (December 11, 2019). Melbourne Institute Working Paper No. 20/19. Available at SSRN: https://ssrn.com/abstract=3516326 or http://dx.doi.org/10.2139/ssrn.3516326

John De New (Contact Author)

University of Melbourne - Melbourne Institute of Applied Economic & Social Research

Level 5, FBE Building, 111 Barry Street
Parkville, Victoria 3010
Australia

David C. Ribar

University of Melbourne ( email )

+61 3 8344 2794 (Phone)

Chris Ryan

University of Melbourne - Melbourne Institute of Applied Economic & Social Research ( email )

Level 5, FBE Building, 111 Barry Street
Parkville, Victoria 3010
Australia

Clement Wong

Melbourne Institute: Applied Economic & Social Research ( email )

Level 5, FBE Building, 111 Barry Street
Parkville, Victoria 3010
Australia

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