Motives for Investment in Human Capital of Children: Evidence from Indonesian Family Life Survey Data

Lakshmi Raut () and Lien Tran

No 199801, Working Papers from University of Hawaii at Manoa, Department of Economics

Abstract: Two alternative models of parental investments in children's human capital are considered and tested empirically using the Indonesian Family Life Survey (IFLS). The pure loan model and the reciprocity with two-sided altruism model yield different predictions about the effect of children's education level and number of children on intergenerational transfers. Using these predictions, a sepcification test is carried out to differentiate these two models with the data. The evidence favors the second model of reciprocity with two-sided altruism.

Pages: 26 pages
Date: 1998
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.economics.hawaii.edu/research/workingpapers/88-98/WP_98-1.pdf

Related works:
Working Paper: Motives for investment in human capital of children: evidence from Indonesian Family Life Survey Data (1998)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hai:wpaper:199801

Ordering information: This working paper can be ordered from
http://www.economics ... esearch/working.html

Access Statistics for this paper

More papers in Working Papers from University of Hawaii at Manoa, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Web Technician ().