The purpose of this paper is to test whether there is an intergenerational transmission of gender preferences in educational resource allocation among children. The unique data set of Taiwan’s Panel Study of Family Dynamics project provides us a rich 3-generation education information and...

Previous research analyzing within-family education resource allocation usually employs the sibship and birth order of a child as explanatory variables. We argue in this paper that to correctly characterize the resource competition and support scenario within a family, one should identify the...

In this paper we propose a general component-driven model to analyze economic data with different characteristics (or regimes) in different time periods. Motivated by empirical data characteristics, our discussion focuses on a simple model driven by a random walk component and a stationary ARMA...