Premium
Financial Outcomes in Adolescence and Early Adulthood in Australian Longitudinal Data
Author(s) -
New John,
Ribar David,
Ryan Christopher,
Wong Clement
Publication year - 2020
Publication title -
australian economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.308
H-Index - 29
eISSN - 1467-8462
pISSN - 0004-9018
DOI - 10.1111/1467-8462.12361
Subject(s) - longitudinal study , context (archaeology) , strengths and weaknesses , longitudinal data , psychology , young adult , finance , developmental psychology , demography , geography , sociology , economics , social psychology , medicine , archaeology , pathology
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.