Intergenerational linkages in consumption behavior

Journal of Human Resources

Volumn 39, Issue 2, 2004, Pages 355-381

  Waldkirch, Andreas ^a   Ng, Serena ^b   Cox, Donald ^c  

^a OREGON STATE UNIVERSITY   (United States)

^b UNIVERSITY OF MICHIGAN   (United States)

^c BOSTON COLLEGE   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

CONSUMPTION BEHAVIOR; HOUSEHOLD EXPENDITURE; INCOME; PANEL DATA;

EID: 3042826636     PISSN: 0022166X     EISSN: None     Source Type: Journal    
DOI: 10.2307/3559018     Document Type: Article

References (24)

1. Abel, Andrew B. 1990. "Asset Prices under Habit Formation and Catching Up with the Joneses." American Economic Review 80(2):38-42.
2. Abowd, John, and David Card. 1989. "On the Covariance Structure of Earnings and Hours Changes," Econometrica 57(2):411-46.
3. Altonji, Joseph, and Thomas Dunn. 2000. "An Intergenerational Model of Wages, Hours and Earnings." Journal of Human Resources 35(2 ):221-58.
4. Altonji, Joseph, and Lewis Segal. 1996. "Small Sample Bias in GMM Estimation of Covariance Structures." Journal of Business and Economic Statistics 14(3):353-66.
5. Altonji, Joseph, Fumio Hayashi, and Laurence Kotlikoff. 1992. "Is the Extended Family Altruistically Linked? Direct Tests Using Micro Data." American Economic Review 82(5): 1177-98.
6. Baker, Michael. 1997. "Growth Rate Heterogeneity and the Covariance Structure of LifeCycle Earnings." Journal of Labor Economics 15(2):338-75.
7. Becker, Gary, and Nigel Tomes. 1986. "Human Capital and the Rise and Fall of Families." Journal of Labor Economics 4(2):S1-S39.
8. Becker, Gary, and Casey Mulligan. 1997 "The Endogenous Determination of Time Preference." Quarterly Journal of Economics 42(3):729-58.
9. Behrman, Jere, and Paul Taubman. 1990. "The Intergenerational Correlation between Children's Adult Earnings and Their Parent's Income: Results from the Michigan Panel Survey of Income Dynamics." Review of Income and Wealth 36(2):115-27.
10. Bemheim, Douglas, Andrei Shleifer, and Lawrence Summers. 1985. "The Strategic Bequest Motive." Journal of Political Economy 93(6 ):1045-76.
11. Browning, Martin, and Annamaria Lusardi. 1996. "Household Saving: Micro Theories and Micro Facts." Journal of Economic Literature 34(4):1797-1855.
12. Charles, Kerwin Kofi, and Erik Hurst. 2003. "The Correlation of Wealth across Generations." Journal of Political Economy 111(6 ):1155-82.
13. Chamberlain, Gary. 1984. "Panel Data." In Handbook of Econometrics. vol. 2, ed. Zvi Griliches and Michael Intriligator, Chapter 22. New York: North Holland.
14. Cox, Donald. 1987. "Motives for Private Income Transfers." Journal of Political Economy 95(3):508-46.
15. Das, Mitali, and Tanja Sjogren. 2002. "The Inter-generational Link in Income Mobility: Evidence from Adoptions." Economics Letters 75(l):55-60.
16. Duesenberry, James. 1949. Income, Saving and the Theory of Consumer Behavior. Cambridge: Harvard University Press.
17. Hamermesh, Daniel. 1984. "Consumption during Retirement: The Missing Link in the Life-Cycle." Review of Economics and Statistics 66(l ):1-7.
18. Han, Song, and Casey Mulligan. 2001. "Human Capital, Heterogeneity and Estimated Degrees of Intergenerational Mobility." Economic Journal 111(471):207-43.
19. Lusardi, Annamaria. 2000. "Explaining Why So many Households Do not Save." Dartmouth College. Unpublished.
20. Mulligan, Casey. 1997. Parental Priorities and Economic Inequality. Chicago: University of Chicago Press.
21. Skinner, Jonathan. 1987. "A Superior Measure of Consumption from the Panel Study of Income Dynamics." Economics Letters 23(2):213-16.
22. Shea, John. "Does Parents' Money Matter?" Journal of Public Economics 77(2):155-84.
23. Solon, Gary. 1992. "Intergenerational Income Mobility in the United States." American Economic Review 82(3):393-408.
24. Zimmerman, David. 1992. "Regression toward Mediocrity in Economic Stature." American Economic Review 82(3):409-29.