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Intergenerational analysis of the donating behavior of parents and their offspring
Author(s) -
Brown Sarah,
Srivastava Preety,
Taylor Karl
Publication year - 2015
Publication title -
southern economic journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.762
H-Index - 58
eISSN - 2325-8012
pISSN - 0038-4038
DOI - 10.4284/0038-4038-2012.166
Subject(s) - offspring , exploit , panel study of income dynamics , developmental psychology , psychology , social psychology , estimation , information transmission , demographic economics , economics , biology , computer science , pregnancy , computer network , genetics , computer security , management
Using data drawn from the U.S. Panel Study of Income Dynamics , we explore the relationship between the donating behavior of parents and that of their children aged less than 18 which gives a direct insight into whether an intergenerational relationship in donating behavior exists. Furthermore, we exploit information relating to whether or not parents encourage their children to donate to charity by talking to them about donating to unveil information related to the intergenerational transmission of philanthropic behavior. Our findings suggest that an intergenerational correlation is only present in the absence of a control for whether the parent talks to the child about donating. The effect from the parent talking to their offspring is associated with an increased likelihood that the child donates by approximately 10 percentage points, a finding which is robust to a number of different estimation strategies.