Molina, José Alberto , Navarro, Maria and Walker, Ian, 1954- (2007) Mums and their sons, dads and their daughters : panel data evidence of interdependent marginal utilities across 14 EU countries. Discussion Paper. Forschungsinstitut zur Zukunft der Arbeit, Bonn.

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Abstract

We study how fathers and mothers income satisfaction correlates with the income satisfaction of their sons and daughters, as well as with other economic and sociodemographic variables. We estimate these correlations using data on parents and children in households surveyed in the eight waves of the European Community Household Panel- ECHP (1994-2001) for 14 EU countries. To assess the robustness of these correlations, we use siblings in the Panel and we investigate the sensitivity of the estimates with the inclusion of other control variables. We also adopt a multi-level random effects ordered probit specification, that uses step-parents in the data, to allow us to distinguish nature effects from nurture effects. Our main results show evidence of strong altruism effects, but these estimated effects differ across countries, differ between mothers and fathers, and differ between sons and daughters.

Item Type:	Working or Discussion Paper (Discussion Paper)
Subjects:	H Social Sciences > HC Economic History and Conditions
Divisions:	Faculty of Social Sciences > Economics
Library of Congress Subject Headings (LCSH):	Intergenerational relations, Income, Alturism, European Community Household Panel
Series Name:	Discussion paper (Forschungsinstitut zur Zukunft der Arbeit)
Publisher:	Forschungsinstitut zur Zukunft der Arbeit
Place of Publication:	Bonn
Date:	April 2007
Number:	No.2734
Number of Pages:	43
Status:	Not Peer Reviewed
Access rights to Published version:	Open Access
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URI:	http://wrap.warwick.ac.uk/id/eprint/228

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