Title |
Parental Investments in College and Later Cash Transfers
|
---|---|
Published in |
Demography, September 2018
|
DOI | 10.1007/s13524-018-0703-6 |
Pubmed ID | |
Authors |
Steven J. Haider, Kathleen McGarry |
Abstract |
Parents often provide generous financial transfers to their adult children, perhaps assisting with college expenses, recognizing major life course events, or cushioning against negative financial shocks. Because resources are limited, a transfer made to one child likely affects transfers made to others in the family. Despite such possibilities, data limitations have led previous authors to focus almost exclusively on a single type of transfer made at a single point in time. Using data from the Health and Retirement Study, we examine the relationships among parental transfers for college and later cash transfers to all children within a family. We find that parents typically spend differentially on the postsecondary schooling of their children but find no evidence that this differential spending is offset by later cash transfers. |
X Demographics
Geographical breakdown
Country | Count | As % |
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United Kingdom | 1 | 33% |
Unknown | 2 | 67% |
Demographic breakdown
Type | Count | As % |
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Members of the public | 2 | 67% |
Scientists | 1 | 33% |
Mendeley readers
Geographical breakdown
Country | Count | As % |
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United States | 2 | 4% |
Unknown | 53 | 96% |
Demographic breakdown
Readers by professional status | Count | As % |
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Student > Ph. D. Student | 19 | 35% |
Researcher | 8 | 15% |
Student > Master | 5 | 9% |
Student > Bachelor | 3 | 5% |
Other | 2 | 4% |
Other | 6 | 11% |
Unknown | 12 | 22% |
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Economics, Econometrics and Finance | 21 | 38% |
Social Sciences | 15 | 27% |
Agricultural and Biological Sciences | 1 | 2% |
Psychology | 1 | 2% |
Business, Management and Accounting | 1 | 2% |
Other | 4 | 7% |
Unknown | 12 | 22% |