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We consider how exchanges of support between parents and adult children varyby demographic and socio-economic characteristics and examine evidence forreciprocity in transfers and substitution between practical and financialsupport. Using data from the UK Household Longitudinal Study 2011-19, repeatedmeasures of help given and received are analysed jointly using multivariaterandom effects probit models. Exchanges are considered from both a child andparent perspective. In the latter case, we propose a novel approach to accountfor correlation between mother and father reports and develop an efficient MCMCalgorithm suitable for large datasets with multiple outcomes.

Longitudinal analysis of exchanges of support between parents and children in the UK