Table 2:
M1 | M2 | M3 | M4 | M5 | ||||||
---|---|---|---|---|---|---|---|---|---|---|
b | b | b | b | b | ||||||
Constant | 1.68 | *** | 3.24 | *** | 3.24 | *** | 2.83 | *** | 2.77 | *** |
Age | 0.00 | ** | -0.01 | *** | -0.01 | *** | -0.01 | *** | -0.01 | *** |
Children’s educationa | ||||||||||
Some with college | -0.54 | *** | -0.18 | *** | -0.15 | *** | -0.15 | *** | -0.16 | *** |
All with college | -0.80 | *** | -0.21 | *** | -0.18 | *** | -0.18 | *** | -0.16 | *** |
Parent Characteristics | ||||||||||
Educationf | ||||||||||
High School | -0.29 | *** | -0.28 | *** | -0.28 | *** | -0.28 | *** | ||
Some College | -0.32 | *** | -0.31 | *** | -0.31 | *** | -0.31 | *** | ||
College+ | -0.53 | *** | -0.54 | *** | -0.54 | *** | -0.53 | *** | ||
Income Quartileg | ||||||||||
2nd quartile | -0.38 | *** | -0.37 | *** | -0.37 | *** | -0.36 | *** | ||
3rd quartile | -0.60 | *** | -0.58 | *** | -0.58 | *** | -0.57 | *** | ||
4th quartile | -0.73 | *** | -0.71 | *** | -0.70 | *** | -0.70 | *** | ||
Wealth Quartileg | ||||||||||
2nd quartile | -0.41 | *** | -0.40 | *** | -0.39 | *** | -0.39 | *** | ||
3rd quartile | -0.56 | *** | -0.54 | *** | -0.53 | *** | -0.53 | *** | ||
4th quartile | -0.60 | *** | -0.57 | *** | -0.57 | *** | -0.56 | *** | ||
Children’s Characteristics | ||||||||||
Homeownershiph | ||||||||||
Some children homeowners | -0.12 | *** | -0.12 | *** | -0.18 | *** | ||||
All children homeowners | -0.11 | ** | -0.11 | ** | -0.16 | *** | ||||
Incomei | ||||||||||
Some children earn 35k+ | -0.03 | -0.04 | -0.06 | |||||||
All children earn 35k+ | -0.14 | *** | -0.15 | *** | -0.16 | *** | ||||
Transfers to parents, $500+j | 0.17 | ** | 0.19 | ** | ||||||
Genderk | ||||||||||
Some daughters | 0.04 | |||||||||
All daughters | -0.03 | |||||||||
Marital/partner statusl | ||||||||||
Some children partnered | 0.13 | ** | ||||||||
All children partnered | 0.06 | |||||||||
Child proximitym | ||||||||||
1+ child coreside(s) | -0.07 | |||||||||
1+ child w/in 10 miles | 0.04 |
Note: Models 2–5 also control for gender, race/ethnicity, foreign born status, marital status. Full model results shown in Appendix Table A2. Reference categories are: aNo children with a college education; fLess than high school; g1st Quartile; hNo children homeowners; iNo children earn 35k+; jNo transfers; kNo daughters; lNo children partnered; mNo child lives within 10 miles/coreside. Source: HRS, 2000–2012
* p < .05, ** p < .01, ***p < .001