Cohort Differences in Parental Financial Help to Adult Children
| Autor: | Matthew F. Van Voorhis, Beth J. Soldo, John C. Henretta |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
Adult
Male Parents Adolescent Article Cohort Studies Young Adult Surveys and Questionnaires 050602 political science & public administration Humans Parent-Child Relations Demography Finance Family Characteristics business.industry Family structure 05 social sciences Health and Retirement Study Gift Giving Middle Aged 0506 political science Stepfamily Logistic Models Socioeconomic Factors 050902 family studies Intergenerational Relations Respondent Cohort Income level Adult Children Female 0509 other social sciences business Psychology Birth cohort |
| Zdroj: | Demography. 55(4) |
| ISSN: | 1533-7790 |
| Popis: | In this article, we examine birth cohort differences in parents’ provision of monetary help to adult children with particular focus on the extent to which cohort differences in family structure and the transition to adulthood influence these changes. Using data from the Health and Retirement Study from 1994 to 2010, we compare financial help to children of three respondent cohorts as the parents in these birth cohorts from ages 53–58 to 57–62. We find that transfers to children have increased among more recent cohorts. Two trends—declining family size and children’s delay in marriage—account for part of the increase across cohorts. However, other trends, such as the increase in the number of stepchildren and increasing child’s income level, tend to decrease the observed cohort trend. |
| Databáze: | OpenAIRE |
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