Asset Accumulation and Family Size

This file is part of IDEAS, which uses RePEc data

Asset Accumulation and Family Size

Author Info

James P. Smith (RAND Corporation)
Michael P. Ward (UCLA & RAND Corporation)

Additional information is available for the following registered author(s):

James P. Smith

Abstract

Utilizing panel data on families, estimates are made of the effects of children on asset accululation, asset composition, consumption, and family income. Young children are found to depress savings for young families but to increase savings for marriages of duration greater than five years. The principal channel through which children act to reduce savings is the decline in female earnings associated with the child- induced withdrawal of wives from the labor force. Family consumption actually decreases with the birth of a child, but this reduction is insufficient, for young families, to offset the fall in income. For families in which the wife does not work the estimates suggest that savings may actually increase with children.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

Publisher Info
Paper provided by EconWPA in its series Labor and Demography with number 0403001.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 18 pages
Date of creation: 01 Mar 2004
Date of revision:
Handle: RePEc:wpa:wuwpla:0403001

Note: Type of Document - pdf; pages: 18. Demography, Vol. 17, No. 3, August 1980, pp. 243-260
Contact details of provider:
Web page: http://129.3.20.41

For technical questions regarding this item, or to correct its listing, contact: (EconWPA).

Related research
Keywords:

Other versions of this item:

Find related papers by JEL classification:
J - Labor and Demographic Economics

This paper has been announced in the following NEP Reports:

NEP-ALL-2004-03-07 (All new papers)

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

Michael R. Darby, 1975. "The Consumer Expenditure Function," NBER Working Papers 0079, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
Other versions:
- Michael R. Darby, 1977. "The Consumer Expenditure Function," NBER Chapters, in: Explorations in Economic Research, Volume 4, number 5, pages 51-80 National Bureau of Economic Research, Inc. [Downloadable!]

Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

Belton, Willie & Uwaifo Oyelere, Ruth, 2008. "The Racial Saving Gap Enigma: Unraveling the Role of Institutions," IZA Discussion Papers 3545, Institute for the Study of Labor (IZA). [Downloadable!]
Other versions:
- Belton, Willie & Uwaifo Oyelere, Ruth, 2008. "The Racial Saving Gap Enigma: Unraveling the Role of Institutions," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 37089, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
Deborah A. Cobb-Clark & Vincent Hildebrand, 2003. "The Wealth and Asset Holdings of U.S.-Born and Foreign-Born Households: Evidence from SIPP Data," Social and Economic Dimensions of an Aging Population Research Papers 89, McMaster University. [Downloadable!]
Other versions:
- Cobb-Clark, Deborah A. & Hildebrand, Vincent, 2002. "The Wealth and Asset Holdings of U.S.-Born and Foreign-Born Households: Evidence from SIPP Data," IZA Discussion Papers 674, Institute for the Study of Labor (IZA). [Downloadable!]
- Cobb-Clark, Deborah A. & Hildebrand, Vincent, 2003. "The wealth and asset holdings of U.S.-born and foreign-born households: Evidence from SIPP data," IRISS Working Paper Series 2003-07, IRISS at CEPS/INSTEAD. [Downloadable!]
- Deborah A. Cobb-Clark & Vincent A. Hildebrand, 2006. "The Wealth And Asset Holdings Of U.S.-Born And Foreign-Born Households: Evidence From Sipp Data," Review of Income and Wealth, Blackwell Publishing, vol. 52(1), pages 17-42, 03. [Downloadable!] (restricted)
F. Thomas Juster & Joseph Lupton & James P. Smith & Frank Stafford, 2004. "Savings and Wealth; Then and Now," Labor and Demography 0403027, EconWPA. [Downloadable!]
James P. Smith, 2004. "Children Among the Poor," Labor and Demography 0403004, EconWPA. [Downloadable!]
Lucie Schmidt & Purvi Sevak, 2005. "Gender, Marriage, and Asset Accumulation in the United States," Working Papers wp109, University of Michigan, Michigan Retirement Research Center. [Downloadable!]
Other versions:
- Lucie Schmidt & Purvi Sevak, 2006. "Gender, marriage, and asset accumulation in the United States," Feminist Economics, Taylor and Francis Journals, vol. 12(1-2), pages 139-166, January. [Downloadable!] (restricted)

Statistics

Access and download statistics

Did you know? IDEAS was sponsored from 1997 to 2002 by the Université du Québec à Montréal.

This page was last updated on 2009-12-2.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.