IDEAS home Printed from https://ideas.repec.org/p/lis/liswps/866.html
   My bibliography  Save this paper

Private Transfers to Young Adult Households in the United States and France

Author

Listed:
  • Rachel Karen

Abstract

As the transition to adulthood becomes longer and more precarious, there is increasing interest in whether and how families help young adult children navigate various transitions into adult roles. Financial transfers to young adults may be one crucial way for families to support their grown children. Yet such transfers could also reinforce existing inequalities if young adults who have the greatest access to these transfers also occupy privileged positions. This paper analyzes Luxembourg Income Study (LIS) data from 2016-2018 to investigate the distribution of financial transfers among young adult households and the impact of these financial transfers on young adult households’ financial well-being in the United States and France. This paper employs a Bourdieusian framework to understand observed differences in the frequency and amount of money transferred to American and French young adult households, as private transfers frequently benefit young adult households with higher levels of social and cultural capital. Findings also suggest that private cash transfers are an important source of financial support for young adults in both countries, particularly for young adults already at lower risks for experiencing poverty. Results from this paper demonstrate one important avenue through which inequality could be reproduced in young adulthood.

Suggested Citation

  • Rachel Karen, 2023. "Private Transfers to Young Adult Households in the United States and France," LIS Working papers 866, LIS Cross-National Data Center in Luxembourg.
    • Handle: RePEc:lis:liswps:866
    as

    Download full text from publisher

    File URL: http://www.lisdatacenter.org/wps/liswps/866.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Lingxin Hao & Wei-Jun Yeung, 2015. "Parental Spending on School-Age Children: Structural Stratification and Parental Expectation," Demography, Springer;Population Association of America (PAA), vol. 52(3), pages 835-860, June.
    2. McGarry, Kathleen, 2016. "Dynamic aspects of family transfers," Journal of Public Economics, Elsevier, vol. 137(C), pages 1-13.
    3. Cox, Donald & Jakubson, George, 1995. "The connection between public transfers and private interfamily transfers," Journal of Public Economics, Elsevier, vol. 57(1), pages 129-167, May.
    4. Reil-Held, Anette, 2005. "Crowding out or crowding in? Public and private transfers in Germany," Papers 04-68, Sonderforschungsbreich 504.
    5. Robert J. Lampman & Timothy M. Smeeding, 1983. "Interfamily Transfers As Alternatives To Government Transfers To Persons," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 29(1), pages 45-66, March.
    6. J. Jill Suitor & Karl Pillemer & Jori Sechrist, 2006. "Within-Family Differences in Mothers' Support to Adult Children," The Journals of Gerontology: Series B, The Gerontological Society of America, vol. 61(1), pages 10-17.
    7. Marianne Bitler & Hilary W. Hoynes, 2010. "The State of the Safety Net in the Post-Welfare Reform Era," NBER Working Papers 16504, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Grobon, Sébastien & Wolff, François-Charles, 2024. "Do public scholarships crowd out parental transfers? Evidence at the intensive margin from France," Economics of Education Review, Elsevier, vol. 98(C).
    2. Sébastien Grobon & François-Charles Wolff, 2022. "Do public scholarships crowd out parental transfers? Evidence from France," Documents de travail du Centre d'Economie de la Sorbonne 22009, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    3. Rachel Karen, 2023. "The Distribution of Private Transfers in the United States and France," LIS Working papers 851, LIS Cross-National Data Center in Luxembourg.
    4. Aldieri, Luigi & Fiorillo, Damiano, 2015. "Private monetary transfers and altruism: An empirical investigation on Italian families," Economic Analysis and Policy, Elsevier, vol. 46(C), pages 1-15.
    5. Cigno, Alessandro & C. Giannelli, Gianna & Rosati, Furio C., 1998. "Voluntary transfers among Italian households: altruistic and non-altruistic explanations," Structural Change and Economic Dynamics, Elsevier, vol. 9(4), pages 435-451, December.
    6. Steven J. Haider & Kathleen McGarry, 2005. "Recent Trends in Resource Sharing Among the Poor," NBER Working Papers 11612, National Bureau of Economic Research, Inc.
    7. Albertini,Marco, 2016. "Ageing and family solidarity in Europe : patterns and driving factors of intergenerational support," Policy Research Working Paper Series 7678, The World Bank.
    8. Kathleen McGarry & Robert F. Schoeni, 1998. "Social Security, Economic Growth, and the Rise in Independence of Elderly Widows in the 20th Century," NBER Working Papers 6511, National Bureau of Economic Research, Inc.
    9. Amihai Glazer & Hiroki Kondo, 2015. "Governmental transfers and altruistic private transfers," Journal of Population Economics, Springer;European Society for Population Economics, vol. 28(2), pages 509-533, April.
    10. John Gibson & Susan Olivia & Scott Rozelle, 2006. "How Widespread are Non-linear Crowding Out Out Effects? The Response of Private Transfers to Income in Four Developing Countries," Working Papers in Economics 06/01, University of Waikato.
    11. Schoeni, Robert F, 2002. "Does Unemployment Insurance Displace Familial Assistance?," Public Choice, Springer, vol. 110(1-2), pages 99-119, January.
    12. Sandra García & Jorge Cuartas, 2017. "With a Little Help from my Friends: the Multiplier Effect of Public Subsidies through Private Support," Documentos de trabajo 17647, Escuela de Gobierno - Universidad de los Andes.
    13. Jellal, Mohamed, 2009. "Family Institution and Filial Attention Contract," MPRA Paper 17713, University Library of Munich, Germany.
    14. Hayashi, Masayoshi, 2014. "Forecasting welfare caseloads: The case of the Japanese public assistance program," Socio-Economic Planning Sciences, Elsevier, vol. 48(2), pages 105-114.
    15. Eleanor Jawon Choi & Jaewoo Choi & Hyelim Son, 2019. "The Long-Term Effects of Labor Market Entry in a Recession: Evidence from the Asian Financial Crisis," Upjohn Working Papers 19-312, W.E. Upjohn Institute for Employment Research.
    16. Mohd Khairy Kamarudin & Nasrul Hisyam Nor Muhamad & Abdul Hafiz Abdullah, 2018. "Parents’ transfer to children: Study on the impact of ‘Pindah Milik Tanah 1 Hari’ (Land transfer ownership in one-day) by the Malaysian Land Office," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 8(6), pages 520-529, June.
    17. Nikolov, Plamen & Adelman, Alan, 2019. "Do private household transfers to the elderly respond to public pension benefits? Evidence from rural China," The Journal of the Economics of Ageing, Elsevier, vol. 14(C).
    18. Crossley, Thomas F. & Fisher, Paul & Levell, Peter & Low, Hamish, 2023. "Stimulus payments and private transfers," Economics Letters, Elsevier, vol. 222(C).
    19. Haiyang Lu & Peng Nie & Alfonso Sousa-Poza, 2021. "The Effect of Parental Educational Expectations on Adolescent Subjective Well-Being and the Moderating Role of Perceived Academic Pressure: Longitudinal Evidence for China," Child Indicators Research, Springer;The International Society of Child Indicators (ISCI), vol. 14(1), pages 117-137, February.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lis:liswps:866. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Piotr Paradowski (email available below). General contact details of provider: https://edirc.repec.org/data/lisprlu.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.