I use variation in the age at which children move to show that where an Australian child grows up has a causal effect on their adult income, education, marriage, and fertility. In doing so, I replicate the findings of Chetty and Hendren (2018a) in a country with less inequality, more social mobility, and different institutions. Across all outcomes, place typically matters most during the teenage years. Finally, I provide suggestive evidence of peer effects using cross-cohort variation in the peers of permanent postcode residents: those born into a richer cohort for their postcode tend to end up with higher incomes themselves.
"Place, Peers, and the Teenage Years: Long-Run Neighborhood Effects in Australia."
American Economic Journal: Applied Economics,
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Fertility; Family Planning; Child Care; Children; Youth
Job, Occupational, and Intergenerational Mobility; Promotion
Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification