IDEAS home Printed from https://ideas.repec.org/a/ebl/ecbull/eb-08i20009.html
   My bibliography  Save this article

Pocket money and child effort at school

Author

Listed:
  • François-Charles Wolff

    (LEN, University of Nantes CNAV and INED, Paris)

  • Christine Barnet-Verzat

    (LEN, University of Nantes)

Abstract

In this paper, we study the relationship between the provision of parental pocket and the level of effort undertaken by the child at school. Under altruism, an increased amount of parental transfer should reduce the child's effort. Our empirical analysis is based on a French data set including about 1,400 parent-child pairs. We find that children do not undertake less effort when their parents are more generous.

Suggested Citation

  • François-Charles Wolff & Christine Barnet-Verzat, 2008. "Pocket money and child effort at school," Economics Bulletin, AccessEcon, vol. 9(13), pages 1-10.
    • Handle: RePEc:ebl:ecbull:eb-08i20009
    as

    Download full text from publisher

    File URL: http://www.accessecon.com/pubs/EB/2008/Volume9/EB-08I20009A.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Barnet-Verzat, Christine & Wolff, Francois-Charles, 2002. "Motives for pocket money allowance and family incentives," Journal of Economic Psychology, Elsevier, vol. 23(3), pages 339-366, June.
    2. repec:bla:econom:v:65:y:1998:i:260:p:557-80 is not listed on IDEAS
    3. Dustmann, Christian & Micklewright, John & van Soest, Arthur, 2004. "In-School Work Experience, Parental Allowances, and Wages," IZA Discussion Papers 1235, Institute of Labor Economics (IZA).
    4. Wolff François-Charles & Barnet-Verzat Christine, 2003. "Labor opportunities against family intergenerational exchange," Economics Bulletin, AccessEcon, vol. 10(1), pages 1-7.
    5. Furnham, Adrian, 2001. "Parental attitudes to pocket money/allowances for children," Journal of Economic Psychology, Elsevier, vol. 22(3), pages 397-422, June.
    6. Charlene Kalenkoski & Sabrina Pabilonia, 2010. "Parental transfers, student achievement, and the labor supply of college students," Journal of Population Economics, Springer;European Society for Population Economics, vol. 23(2), pages 469-496, March.
    7. Heckman, James J, 1978. "Dummy Endogenous Variables in a Simultaneous Equation System," Econometrica, Econometric Society, vol. 46(4), pages 931-959, July.
    8. repec:ebl:ecbull:v:10:y:2003:i:1:p:1-7 is not listed on IDEAS
    9. Fan, Chinn-Ping, 2000. "Teaching children cooperation -- An application of experimental game theory," Journal of Economic Behavior & Organization, Elsevier, vol. 41(3), pages 191-209, March.
    10. Christian Dustmann & John Micklewright & Najma Rajah, 1996. "Intra-household transfers and the part-time work of children," IFS Working Papers W96/03, Institute for Fiscal Studies.
    11. François-Charles Wolff, 2006. "Parental transfers and the labor supply of children," Journal of Population Economics, Springer;European Society for Population Economics, vol. 19(4), pages 853-877, October.
    12. Bergstrom, Theodore C, 1989. "A Fresh Look at the Rotten Kid Theorem--and Other Household Mysteries," Journal of Political Economy, University of Chicago Press, vol. 97(5), pages 1138-1159, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. J. Michael Collins & Elizabeth Odders-White, 2021. "Allowances: Incidence in the US and Relationship to Financial Capability in Young Adulthood," Journal of Family and Economic Issues, Springer, vol. 42(3), pages 533-544, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:ebl:ecbull:v:9:y:2008:i:13:p:1-10 is not listed on IDEAS
    2. Jellal, Mohamed, 2009. "A Theory of Educational Inequality Family and Agency Costs," MPRA Paper 17434, University Library of Munich, Germany.
    3. Barnet-Verzat, Christine & Wolff, Francois-Charles, 2002. "Motives for pocket money allowance and family incentives," Journal of Economic Psychology, Elsevier, vol. 23(3), pages 339-366, June.
    4. repec:ebl:ecbull:v:10:y:2003:i:1:p:1-7 is not listed on IDEAS
    5. Wolff François-Charles & Barnet-Verzat Christine, 2003. "Labor opportunities against family intergenerational exchange," Economics Bulletin, AccessEcon, vol. 10(1), pages 1-7.
    6. Jellal, Mohamed, 2014. "A theory of family education incentives and inequality," MPRA Paper 57913, University Library of Munich, Germany.
    7. J. Michael Collins & Elizabeth Odders-White, 2021. "Allowances: Incidence in the US and Relationship to Financial Capability in Young Adulthood," Journal of Family and Economic Issues, Springer, vol. 42(3), pages 533-544, September.
    8. Ana Fernandes, 2011. "Altruism, labor supply and redistributive neutrality," Journal of Population Economics, Springer;European Society for Population Economics, vol. 24(4), pages 1443-1469, October.
    9. François-Charles Wolff & Claudine Attias-Donfut, 2007. "Les comportements de transferts intergénérationnels en Europe," Économie et Statistique, Programme National Persée, vol. 403(1), pages 117-141.
    10. Lin Zhang & Shinsuke Ikeda, 2016. "Welfare-enhancing parental altruism and children’s habit formation," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 63(3), pages 281-303, September.
    11. Steven Levitt & John List & Sally Sadoff, 2016. "The Effect of Performance-Based Incentives on Educational Achievement: Evidence from a Randomized Experiment," Framed Field Experiments 00585, The Field Experiments Website.
    12. Angus Holford, 2015. "The labour supply effect of Education Maintenance Allowance and its implications for parental altruism," Review of Economics of the Household, Springer, vol. 13(3), pages 531-568, September.
    13. Charlene Kalenkoski & Sabrina Pabilonia, 2010. "Parental transfers, student achievement, and the labor supply of college students," Journal of Population Economics, Springer;European Society for Population Economics, vol. 23(2), pages 469-496, March.
    14. J. Michael Collins & Madelaine L’Esperance, 2023. "What do students gain from banks in schools? A field study," Review of Economics of the Household, Springer, vol. 21(2), pages 567-590, June.
    15. François-Charles Wolff, 2006. "Parental transfers and the labor supply of children," Journal of Population Economics, Springer;European Society for Population Economics, vol. 19(4), pages 853-877, October.
    16. Clinton Gudmunson & Sharon Danes, 2011. "Family Financial Socialization: Theory and Critical Review," Journal of Family and Economic Issues, Springer, vol. 32(4), pages 644-667, December.
    17. Brown, Sarah & Taylor, Karl, 2016. "Early influences on saving behaviour: Analysis of British panel data," Journal of Banking & Finance, Elsevier, vol. 62(C), pages 1-14.
    18. Pascal Belan & Pierre-Jean Messe & François-Charles Wolff, 2010. "Postponing retirement age and labor force participation: the role of family transfers," Recherches économiques de Louvain, De Boeck Université, vol. 76(4), pages 347-370.
    19. Wolff, Francois-Charles & Laferrere, Anne, 2006. "Microeconomic models of family transfers," Handbook on the Economics of Giving, Reciprocity and Altruism, in: S. Kolm & Jean Mercier Ythier (ed.), Handbook of the Economics of Giving, Altruism and Reciprocity, edition 1, volume 1, chapter 13, pages 889-969, Elsevier.
    20. Holford, Angus, 2016. "Do parents tax their children? Teenage labour supply and financial support," ISER Working Paper Series 2016-05, Institute for Social and Economic Research.
    21. Ligang Liu & Zhiwu Xiao & Yang Deng, 2023. "Who Does “Endowment Insurance†Support: The Elderly or Their Grown-up Children?," SAGE Open, , vol. 13(4), pages 21582440231, November.
    22. Cheung, Chau-kiu & Ngai, Ngan-pun, 2010. "Training to raise unemployed youth's work commitment in Tianjin," Children and Youth Services Review, Elsevier, vol. 32(2), pages 298-305, February.

    More about this item

    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • D1 - Microeconomics - - Household Behavior

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ebl:ecbull:eb-08i20009. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: John P. Conley (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.