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Basic Reading

• WBLY chapter 3

Some key topics

1. A first job ... or  not

• Roberts, K. (1997), Work and leisure in young people's lives.  In J. T. Haworth,.  Work, leisure and well-being.  ........301.55HAW
• Furnham, A. & Gunter, B. (1989) The anatomy of adolescence, chap. 11 (Attitudes to school, work and unemployment). .......301.43150942FUR
• Clark, Oswald & Warr (1996). Is job satisfaction U-shaped in age? Journal of Occupational and Organizational Psychology 69 57-81
• Gamberale,et al (1995). Work motivation among high school students before and during the economic recession in the Swedish labour market. Scandinavian Journal of Psychology, 36, 287-294
• Willis (1977). Learning to labour. (select chapters - rather '70s but a classic) .......TRC/Roboro/301.444/SEd301.4442
• Winefield, A. H., Tiggeman, M., & Winefield, H. R. (1992). Unemployment distress, reasons for job loss, and attributions for unemployment in young people. Journal of Occupational and Organizational Psychology, 65, 213-218. (see also numerous other papers on youth employment & unemployment by Winefield & his colleagues, many in the same journal).
• Hagstrom & Gamberale (1995). Young people's work motivation and value orientation. Journal of Adolescence 18 475-490
• Banks, M. H., & Ullah, P. (1988). Youth unemployment in the 1980s : its psychological effects (first & last chapters plus chapter summaries).......331.137804 BAN

2. A first income: learning money management

• Scott, A.J. & Lewis, A. (2000). Student loans: the development of a debt culture? IAREP/SABE Vienna conference proceedings, pp. 402-405
• Walker (1994). Economic man's missing teenage years: adolescents' views about money, credit and debt. In Integrating views on economic behavior (IAREP/SABE conference proceedings), Vol II, pp. 581-596. .......330..019INT
• Ford (1990). Credit and default among young adults: An agenda of issues. J. Consumer Policy, 13, 133-154 .....Box
• Davies & Lea (1995). Student attitudes to student debt. JoEP, 16, 663-679
• Lea, Webley & Bellamy (2001). Student debt: expecting it, spending it, regretting it. In Scott A.J. et al Student Debt: the causes and consequences of undergraduate borrowing in the UK (pp 37-47).
• Vicenzi, Lea & Rumiati (2001). Students attitude towards credit and' debt: a cross cultural study between Italy and the UK. In Scott A.J. et al Student Debt: the causes and consequences of undergraduate borrowing in the UK (pp 77-92).
• Lea, Unrath, de Wilde & Wynia (1999). Money management in young adults. IAREP conference proceedings Vol 1pp 337-344
• Morgan, Roberts,  & Powdrill (2001). More money than sense: investigating student money management. In Scott A.J. et al Student Debt: the causes and consequences of undergraduate borrowing in the UK (pp 19-35).

3. First purchases: consumable goods, consumer durables, house purchase

• Wilkes (1995). Household life-cycle stages, transitions, and product expenditures Journal Of Consumer Research, 22, 27-42
• Cox et al (1990). When consumer behavior goes bad: An investigation of adolescent shoplifting. Journal of Consumer Research, 17, 149-159
• Attanasio & Weber (1994). The UK consumption boom of the late 1980s - aggregate implications of microeconomic evidence. Economic Journal, 104, 1269-1302.
• Engelhardt (1994). Tax subsidies to saving for home purchase - evidence from Canadian RHOSPS National Tax Journal, 47, 363-393
• Pickvance & Pickvance (1995). The role of family help in the housing decisions of young people Sociological Review, 43, 123-149
• Beatty, S. E. & Talpade, S. (1994). Adolescent influence in family decision making: A replication with extension. Journal of Consumer Research, 21, 332-341.
• Allérès (1997). The behavior of the young towareds luxury products. International Association for Research in Economic Psychology, XXII Conference proceedings, Vol. I., pp. 529-540. .......330.019INT

Questions for discussion

1. Consider the different paths to economic independence of those who enter adulthood as students, workers, claimants and "marginals"
2. Child - adolescent - young adult - adult. What are the continuities and what are the discontinuities in economic understanding, experience and behaviour?
3. How is the loan financing of higher education likely to modify early adult economic behaviour?
4. Is household formation an economic or a social event?

Stephen Lea, Paul Webley

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(access count since 27th January 1997). 
Document revised 23rd October 2002 (PW)

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