environment and parental behaviors that are passed on to children and shape their savings behavior in adulthood …

relationship between very specific inputs of time by parents and later achievements of children …

We document a strong correlation in the brand of automobile chosen by parents and their adult children, using data from …

determined bequests from parents that can be used to finance schooling, uncertainty in college completion related to differences …

mortgage credit in the postwar era, supports the model. The results suggest that more recent mortgage market innovations have …

teenager and the willingness of parents to continue to house and support their daughters given their decisions. Drawing on the … work of Milgrom and Roberts (1982) and Kreps and Wilson (1982) on reputation in repeated games, we show that parents have … Survey of Youth, 1979 Cohort (NLSY79), exploiting the availability of repeated observations on young women (daughters) and of …

We discuss a simple model of intergenerational transfers with one-sided altruism: parents care about their child but … the child does not reciprocate. Parents and children make investments in the child's education, investments for other … purposes, and parents can transfer cash to their child. We show that for an identifiable set of parent-child pairs, parents …

In this paper we analyze the factors that affect the tenure choice of young adults, highlighting the impact of mortgage … lender imposed borrowing constraints. The data set is a panel of youth age 20-33 for the years 1985-90. Our methods differ … constraints affect the tendency to own a home. In our sample of youth, 37% of households are constrained even after choosing their …

"hump" savings. A major difference between this study and previous investigations of this issue is the use of more accurate … savings. This paper suggests the importance of and need for substantially greater research and data collection on … intergenerational transfers. fife-cycle models of savings that emphasize savings for retirement as the dominant form of apical …

savings? Is it primarily accumulation for retirement as claimed by Albert Ando, Richard Brumberg, and Franco Modigliani in … their celebrated Life Cycle Model of Savings? Is it primarily intentional accumulation for intergenerational transfers? Or … is it primarily precautionary savings, much of which may be bequeathed because of imperfections in annuity markets? This …