Better rich, or better there?: grandparent wealth, coresidence, and intrahousehold allocation

This paper uses three-generation retrospective data from the rural Philippines to examine the role of the extended family, proxied by alternative measures of grandparent coresidence, on investments in children. An extension of the wealth model of intergenerational transfers shows that extended famil...

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Autor principal: Quisumbing, Agnes R.
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 1997
Materias:
Acceso en línea:https://hdl.handle.net/10568/161144
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author Quisumbing, Agnes R.
author_browse Quisumbing, Agnes R.
author_facet Quisumbing, Agnes R.
author_sort Quisumbing, Agnes R.
collection Repository of Agricultural Research Outputs (CGSpace)
description This paper uses three-generation retrospective data from the rural Philippines to examine the role of the extended family, proxied by alternative measures of grandparent coresidence, on investments in children. An extension of the wealth model of intergenerational transfers shows that extended family resources may affect transfers to children if parents are credit constrained. Family-level unobservables are important in determining the allocation of education and land between sons and daughters. Both parent and grandparent pre-marriage wealth affect children’s completed schooling levels. Grandparent wealth, however, does not seem to affect the distribution of education between sons and daughters, although it affects the allocation of land. Grandparent influence on child schooling appears to work through proximity rather than through wealth. Sons are clearly favored in terms of land inheritance, while daughters get more education. Better educated fathers favor daughters in terms of education, while mothers with more land favor sons. These patterns are consistent with both equity and efficiency objectives, investment in children under resource constraints, and parents' risk-diversification strategies.
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spelling CGSpace1611442025-11-06T05:10:58Z Better rich, or better there?: grandparent wealth, coresidence, and intrahousehold allocation Quisumbing, Agnes R. resource allocation gender relations education gender property rights household budget This paper uses three-generation retrospective data from the rural Philippines to examine the role of the extended family, proxied by alternative measures of grandparent coresidence, on investments in children. An extension of the wealth model of intergenerational transfers shows that extended family resources may affect transfers to children if parents are credit constrained. Family-level unobservables are important in determining the allocation of education and land between sons and daughters. Both parent and grandparent pre-marriage wealth affect children’s completed schooling levels. Grandparent wealth, however, does not seem to affect the distribution of education between sons and daughters, although it affects the allocation of land. Grandparent influence on child schooling appears to work through proximity rather than through wealth. Sons are clearly favored in terms of land inheritance, while daughters get more education. Better educated fathers favor daughters in terms of education, while mothers with more land favor sons. These patterns are consistent with both equity and efficiency objectives, investment in children under resource constraints, and parents' risk-diversification strategies. 1997 2024-11-21T09:53:46Z 2024-11-21T09:53:46Z Working Paper https://hdl.handle.net/10568/161144 en Open Access application/pdf International Food Policy Research Institute Quisumbing, Agnes R. 1997. Better rich, or better there?;grandparent wealth, coresidence, and intrahousehold allocation. FCND Discussion Paper 23. https://hdl.handle.net/10568/161144
spellingShingle resource allocation
gender relations
education
gender
property rights
household budget
Quisumbing, Agnes R.
Better rich, or better there?: grandparent wealth, coresidence, and intrahousehold allocation
title Better rich, or better there?: grandparent wealth, coresidence, and intrahousehold allocation
title_full Better rich, or better there?: grandparent wealth, coresidence, and intrahousehold allocation
title_fullStr Better rich, or better there?: grandparent wealth, coresidence, and intrahousehold allocation
title_full_unstemmed Better rich, or better there?: grandparent wealth, coresidence, and intrahousehold allocation
title_short Better rich, or better there?: grandparent wealth, coresidence, and intrahousehold allocation
title_sort better rich or better there grandparent wealth coresidence and intrahousehold allocation
topic resource allocation
gender relations
education
gender
property rights
household budget
url https://hdl.handle.net/10568/161144
work_keys_str_mv AT quisumbingagnesr betterrichorbettertheregrandparentwealthcoresidenceandintrahouseholdallocation