Article1997

Selection of Children To Provide Care: The Effect of Earlier Parental Transfers

John C. Henretta · Meredith S. Hill · W. Li · Beth J. Soldo · Douglas A. Wolf

202 citations0/0 files storedThe Journals of Gerontology Series B

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Intergenerational Family Dynamics and Caregiving Aging, Elder Care, and Social Issues Financial Literacy, Pension, Retirement Analysis

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.

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References

2000Social Capital in the Creation of Human Capital 1978Specification Tests in Econometrics 1990Foundations of social theory 1963Social Behavior: Its Elementary Forms 1987Motives for Private Income Transfers 1987Caregivers of the Frail Elderly: A National Profile 1986The Strategic Bequest Motive 1976Toward A Restatement of Demographic Transition Theory

Cited by

2017Own Gender, Sibling’s Gender, Parent’s Gender 2000Families in the Middle and Later Years: A Review and Critique of Research in the 1990s 2008Intergenerational Time-for-Money Exchanges in Rural China: Does Reciprocity Reduce Depressive Symptoms of Older Grandparents?2012Negative and Positive Caregiving Experiences: A Closer Look at the Intersection of Gender and Relationship 2014The Schooling of Offspring and the Survival of Parents 2013Demographic Change and Parent-Child Relationships in Adulthood 1999Time? money? both? the allocation of resources to older Parents

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