INTERGENERATIONAL SUPPORT AND THE LIFE-CYCLE INCOMES OF YOUNG MEN AND THEIR PARENTS - HUMAN-CAPITAL INVESTMENTS, CORESIDENCE, AND INTERGENERATIONAL FINANCIAL TRANSFERS
成果类型：
Article
署名作者：
ROSENZWEIG, MR; WOLPIN, KI
署名单位：
New York University
刊物名称：
JOURNAL OF LABOR ECONOMICS
ISSN/ISSBN：
0734-306X
DOI：
10.1086/298318
发表日期：
1993
页码：
84-112
关键词：
摘要：
This article examines the resource allocations of parents in the form of both shared residence with and financial transfers to their young adult sons. Based on an overlapping generations model incorporating a game between parents and adult children, estimates of the determinants of such transfers are obtained from the kinship-linked cohorts of the National Longitudinal Surveys. The estimates suggest that both types of parental assistance are as important as governmental transfers in supporting young men and are responsive to the current and anticipated earnings of their offspring, suggesting that young men cannot adequately smooth their consumption without parental help.
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