Monday, Nov 3
Melvin Stephens, Estimating Program Benefits
Frankenberg, E., L. Lillard, and Robert Willis. 2002. "Patterns of Intergenerational Transfers in Southeast Asia." Journal of Marriage and the Family, 64(3): 627-641.
Lillard and Willis explore motivations for intergenerational exchanges of time and money using data from Indonesia. The extent of exchange and underlying motivations differ across families but substantial evidence supports the theory that transfers within families serve as insurance for family members. The authors compare their results to those that they obtained previously for Malaysia using similar data and methods.