Parental Investments in College and Later Cash Transfers
AbstractThe 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.
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Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 18485.
Date of creation: Oct 2012
Date of revision:
Note: AG CH ED LS PE
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Find related papers by JEL classification:
- H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household
- H4 - Public Economics - - Publicly Provided Goods
- I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
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- NEP-ALL-2012-10-27 (All new papers)
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- Lance Lochner & Todd Stinebrickner & Utky Suleymanoglu, 2013.
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