2018
DOI: 10.1007/s13524-018-0687-2
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Cohort Differences in Parental Financial Help to Adult Children

Abstract: In this article, we examine birth cohort differences in parents' provision of monetary help to adult children with particular focus on the extent to which cohort differences in family structure and the transition to adulthood influence these changes. Using data from the Health and Retirement Study from 1994 to 2010, we compare financial help to children of three respondent cohorts as the parents in these birth cohorts from ages 53-58 to 57-62. We find that transfers to children have increased among more recent… Show more

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Cited by 22 publications
(12 citation statements)
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“…When looking at support transfers made by remarried couples, parents were found to provide more support to their adult joint biological children than to adult children from previous relations (i.e., one of the parents' stepchildren), especially when it concerns the fathers' children (i.e., the mother's stepchildren; Henretta, Van Voorhis, & Soldo, ). When compared between families, mother–stepfather households provide more support than single parent or father–stepmother households (Henretta, Van Voorhis, & Soldo, ; White, ). In addition, a larger number of parents—through the addition of stepparents—has been found to be insufficient to compensate for the lower incidence of money and time transfers that were made in stepfamilies in comparison with intact families (Wiemers, Seltzer, Schoeni, Hotz, & Bianchi, ).…”
mentioning
confidence: 99%
“…When looking at support transfers made by remarried couples, parents were found to provide more support to their adult joint biological children than to adult children from previous relations (i.e., one of the parents' stepchildren), especially when it concerns the fathers' children (i.e., the mother's stepchildren; Henretta, Van Voorhis, & Soldo, ). When compared between families, mother–stepfather households provide more support than single parent or father–stepmother households (Henretta, Van Voorhis, & Soldo, ; White, ). In addition, a larger number of parents—through the addition of stepparents—has been found to be insufficient to compensate for the lower incidence of money and time transfers that were made in stepfamilies in comparison with intact families (Wiemers, Seltzer, Schoeni, Hotz, & Bianchi, ).…”
mentioning
confidence: 99%
“…Older adults may say co‐residence is a bad idea or depends because they value independence and desire to remain in their own home (Binette & Vasold, 2018), whereas younger people may be more favorable because their parents are helping them and familial reciprocity is a strong norm itself in the United States (Silverstein, 2006). In addition, partially due to the extended life course of older adults in their lives, young adults may be more likely to receive help from parents in recent years compared to previous cohorts (Henretta et al, 2018), as intergenerational transfers generally flow in a downward fashion, from parents to children, throughout the life course (Seltzer & Bianchi, 2013). Co‐residence is one form of help young adults receive and recent evidence suggests they are more likely to live with their parents and do so until older ages than in the past (Choi et al, 2019).…”
Section: Discussionmentioning
confidence: 99%
“…Associated increases in the numbers and proportions of older people imply an increase in the volume of help needed by those with age‐related functional limitations. Needs for assistance may also be increasing in other age groups as a result of delayed transitions to adulthood, precarious employment, and increasingly diverse and complex family life courses (Henretta et al., 2018; Lesthaeghe, 2014). For all these reasons, extending our understanding of factors associated with exchanges of support between adult children and their parents is important.…”
Section: Applicationmentioning
confidence: 99%