NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Parental Investments in College and Later Cash Transfers

Steven J. Haider, Kathleen M. McGarry

NBER Working Paper No. 18485
Issued in October 2012
NBER Program(s):   AG   CH   ED   LS   PE

The rising cost of college tuition and the accompanying investment parents often make have received considerable attention recently. While classic models in economics make important predictions about the magnitudes of these investments, their distribution across children, and their relationship with later cash transfers, there has been little empirical work examining these predictions, especially with regards to the differential treatment of siblings. Using unique data from a supplement to the Health and Retirement Study, we find that parents typically invest differentially in the schooling of siblings, but we find no evidence that these investments are offset by later cash transfers.

The NBER Bulletin on Aging and Health provides summaries of publications like this.  You can sign up to receive the NBER Bulletin on Aging and Health by email.

You may purchase this paper on-line in .pdf format from SSRN.com ($5) for electronic delivery.

Information about Free Papers

You should expect a free download if you are a subscriber, a corporate associate of the NBER, a journalist, an employee of the U.S. federal government with a ".GOV" domain name, or a resident of nearly any developing country or transition economy.

If you usually get free papers at work/university but do not at home, you can either connect to your work VPN or proxy (if any) or elect to have a link to the paper emailed to your work email address below. The email address must be connected to a subscribing college, university, or other subscribing institution. Gmail and other free email addresses will not have access.

E-mail:

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w18485

Users who downloaded this paper also downloaded these:
McGarry w18446 Dynamic Aspects of Family Transfers
Cabral and Hoxby w18514 The Hated Property Tax: Salience, Tax Rates, and Tax Revolts
Caucutt and Lochner w18493 Early and Late Human Capital Investments, Borrowing Constraints, and the Family
Alesina, Michalopoulos, and Papaioannou w18512 Ethnic Inequality
Carlsson, Dahl, and Rooth w18484 The Effect of Schooling on Cognitive Skills
 
Publications
Activities
Meetings
NBER Videos
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us