Intergenerational Linkages in Consumption Behavior

A-Tier
Journal: Journal of Human Resources
Year: 2004
Volume: 39
Issue: 2

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We investigate familial relationships in consumption patterns using a sample of parents and their children from the Panel Study of Income Dynamics. We find a positive and statistically significant parent-specific effect on children’ s consumption even after controlling for the effect of parental income. This correlation is found in different measures of consumption, and is not sensitive to private transfers. In contrast, the correlation is not statistically significant between pairs of households that are not related. The evidence is quite strong that income is not the only source of a parental effect in consumption behavior of their offspring.

Technical Details

RePEc Handle
repec:uwp:jhriss:v:39:y:2004:i:2:p355-381
Journal Field
Labor
Author Count
3
Added to Database
2026-01-25