![]() ![]() The same tests conclude that without control factors, millennials are traveling less than the baby boomer generation. Results show that millennials are more likely to live in urban areas, are less likely to marry by age 35, and have slightly larger families-all of which reduces the percentage of vehicles per household to less than 1 percent. The authors administered tests to show whether millennials’ transportation choices affect vehicle ownership and use. However, with control variables included, once again the result is no significant statistical difference in vehicle usage among the two generations. Regarding the usage of vehicles, once again without any demographic factors included, results show that millennials drove nearly 2,000 fewer miles compared with the miles that baby boomers drove. However, after including external and internal factors, the authors discovered that the millennials’ choice to own fewer cars disappears. ![]() Without including any external or internal factors, the data also show that millennials own approximately 0.4 fewer vehicles per household than the average baby boomer at the same stage of life. Results from the household demographics data reveal that no marked differences exist in millennial’s vehicle ownership relative to baby boomers. Demographic information is based on the characteristics of the head of the household. To provide consistent and fair data, the authors surveyed the households using data from the eldest member of each family. The second factor is how these choices could affect vehicle ownership and use. One factor is transportation choices based on demographics and the internal household makeup, such as marriage. The study’s goals are to determine two primary factors that may account for the perceived generational changes and may affect transportation purchase and use. Census Bureau, and the American Community Survey. Department of Transportation’s National Household Transportation Survey, U.S. The authors focus their research on vehicle ownership (i.e., how many vehicles are in a particular household) and on vehicle usage, which they measure using annual vehicle miles traveled (VMT). Knittel and Elizabeth Murphy examine whether millennials’ vehicle ownership and use differ from previous generations. In “ Generational trends in vehicle ownership and use: are millennials any different?” (National Bureau of Economic Research, Working Paper 25674, March 2019), Christopher R. The Great Recession, which lasted from December 2007 to June 2009, and the growth of student debt affected the millennial generation greatly. However, these perceived changes that separate millennials from earlier generations have affected every generation, not just millennials. ![]() The millennial generation, born between 19, is believed to have changed the economic and societal norms established by previous generations. ![]()
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