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Mums and their sons, dads and their daughters : panel data evidence of interdependent marginal utilities across 14 EU countries
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Molina, José Alberto , Navarro, Maria and Walker, Ian (2007) Mums and their sons, dads and their daughters : panel data evidence of interdependent marginal utilities across 14 EU countries. Discussion Paper. Bonn: Forschungsinstitut zur Zukunft der Arbeit. Discussion paper (Forschungsinstitut zur Zukunft der Arbeit) (No.2734).
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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) | ||||
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Subjects: | H Social Sciences > HC Economic History and Conditions | ||||
Divisions: | Faculty of Social Sciences > Economics | ||||
Library of Congress Subject Headings (LCSH): | Intergenerational relations, Income, Altruism, European Community Household Panel | ||||
Series Name: | Discussion paper (Forschungsinstitut zur Zukunft der Arbeit) | ||||
Publisher: | Forschungsinstitut zur Zukunft der Arbeit | ||||
Place of Publication: | Bonn | ||||
Official Date: | April 2007 | ||||
Dates: |
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Number: | No.2734 | ||||
Number of Pages: | 43 | ||||
Institution: | University of Warwick | ||||
Status: | Not Peer Reviewed | ||||
Access rights to Published version: | Open Access (Creative Commons) |
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