1. Selection of children to provide care: the effect of earlier parental transfers.
- Author
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Henretta JC, Hill MS, Li W, Soldo BJ, and Wolf DA
- Subjects
- Aged, Female, Humans, Male, Models, Theoretical, Parent-Child Relations, Caregivers, Family, Frail Elderly, Income
- Abstract
We use the first wave of data from the Asset and Health Dynamics Among the Oldest Old (AHEAD) study to examine the effects of past parent-to-child financial transfers on selection of a child to provide assistance with basic personal care for unmarried parents. We estimate a fixed-effects conditional logit model and find a positive and significant association between past financial transfers and a child's current helping behavior. The coefficient of past financial transfers is in the direction hypothesized, and its magnitude is 80% as large as that of gender, a well-documented powerful predictor of parental caregiving. There appears to be substantial evidence that earlier parent-to-child financial gifts play a role in determining which child in the family will provide assistance.
- Published
- 1997
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