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Financial attitudes and inter vivos resource transfers from older parents to adult children
This exploratory study combines economic, family, and decision-making conceptual models to investigate the factors influencing resource transfers as reported by older adults. Pilot data on 61 adult children was obtained during face-to-face interviews with 18 older parents. Hierarchical multiple regr...
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| Published in: | Journal of family and economic issues 2007-03, Vol.28 (1), p.123-135 |
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| Main Authors: | , |
| Format: | Article |
| Language: | English |
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| cited_by | cdi_FETCH-LOGICAL-c364t-7c56a183ccc95b24cc1151324e0d00e5f264ad043efb4ebb3fa2a217e7343b783 |
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| cites | cdi_FETCH-LOGICAL-c364t-7c56a183ccc95b24cc1151324e0d00e5f264ad043efb4ebb3fa2a217e7343b783 |
| container_end_page | 135 |
| container_issue | 1 |
| container_start_page | 123 |
| container_title | Journal of family and economic issues |
| container_volume | 28 |
| creator | HAYHOE, Celia Ray STEVENSON, Michelle L |
| description | This exploratory study combines economic, family, and decision-making conceptual models to investigate the factors influencing resource transfers as reported by older adults. Pilot data on 61 adult children was obtained during face-to-face interviews with 18 older parents. Hierarchical multiple regressions were conducted to predict time (emotional support) and financial (cash and gifts) inter vivos transfers from demands, resources, values, and relationships. Positive health ratings, strong affection for the adult child, and money retention attitudes were associated with frequent emotional support. Small household size predicted frequent financial transfers. Results indicate the importance of values, resources, demands, and relationships in predicting resource transfers from older parent to adult child. [PUBLICATION ABSTRACT] |
| doi_str_mv | 10.1007/s10834-006-9054-3 |
| format | article |
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Pilot data on 61 adult children was obtained during face-to-face interviews with 18 older parents. Hierarchical multiple regressions were conducted to predict time (emotional support) and financial (cash and gifts) inter vivos transfers from demands, resources, values, and relationships. Positive health ratings, strong affection for the adult child, and money retention attitudes were associated with frequent emotional support. Small household size predicted frequent financial transfers. Results indicate the importance of values, resources, demands, and relationships in predicting resource transfers from older parent to adult child. 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Pilot data on 61 adult children was obtained during face-to-face interviews with 18 older parents. Hierarchical multiple regressions were conducted to predict time (emotional support) and financial (cash and gifts) inter vivos transfers from demands, resources, values, and relationships. Positive health ratings, strong affection for the adult child, and money retention attitudes were associated with frequent emotional support. Small household size predicted frequent financial transfers. Results indicate the importance of values, resources, demands, and relationships in predicting resource transfers from older parent to adult child. [PUBLICATION ABSTRACT]</description><subject>Adult children</subject><subject>Age</subject><subject>Attitudes</subject><subject>College students</subject><subject>Colleges & universities</subject><subject>Data analysis</subject><subject>Decision making</subject><subject>Economic models</subject><subject>Families & family life</subject><subject>Family studies</subject><subject>Financial resources</subject><subject>Generations</subject><subject>Intergenerational relations</subject><subject>Management theory</subject><subject>Older parents</subject><subject>Older people</subject><subject>Parent attitudes</subject><subject>Parent-child relations</subject><subject>Parents & parenting</subject><subject>Personal finance</subject><subject>Personal relationships</subject><subject>Regression analysis</subject><subject>Resource management</subject><subject>Retention</subject><subject>Sexuality. Marriage. Family relations</subject><subject>Social support</subject><subject>Sociology</subject><subject>Sociology of the family. 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| identifier | ISSN: 1058-0476 |
| ispartof | Journal of family and economic issues, 2007-03, Vol.28 (1), p.123-135 |
| issn | 1058-0476 1573-3475 |
| language | eng |
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| source | Criminology Collection; International Bibliography of the Social Sciences (IBSS); ABI/INFORM global; EBSCOhost Econlit with Full Text; Springer Link; Sociological Abstracts; ProQuest Social Science Premium Collection |
| subjects | Adult children Age Attitudes College students Colleges & universities Data analysis Decision making Economic models Families & family life Family studies Financial resources Generations Intergenerational relations Management theory Older parents Older people Parent attitudes Parent-child relations Parents & parenting Personal finance Personal relationships Regression analysis Resource management Retention Sexuality. Marriage. Family relations Social support Sociology Sociology of the family. Age groups Studies Transfer U.S.A |
| title | Financial attitudes and inter vivos resource transfers from older parents to adult children |
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