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Money and Feelings. An Interpretation of the Factors of Financial Support from Parents to Young Adults

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  • Marie-Clémence Le Pape
  • Mickaël Portela
  • Élise Tenret

Abstract

[eng] Using a French survey on the resources of young adults (Enquête nationale sur les ressources des jeunes adultes, ENRJ), this article analyses the links between family relationships and the regular financial support provided by parents to their young adult children aged 18 to 24. Beyond the “classic” determining factors of parental support, parent-child relationships, understood in terms of their frequency and quality, have an influence on the support provided. All other things being equal, frequent in-person contact will result in lower monetary payments. This result could be interpreted as a way for parents to “monetise their absence”, by using financial support to replace the material services they can provide to their children when they see them more frequently. The separate analysis of the support received by young adults from their father or mother also shows that relationship-based variables play a greater role for mothers than for fathers when the parents are together, while they play a greater role for fathers when the parents are separated.

Suggested Citation

  • Marie-Clémence Le Pape & Mickaël Portela & Élise Tenret, 2020. "Money and Feelings. An Interpretation of the Factors of Financial Support from Parents to Young Adults," Economie et Statistique / Economics and Statistics, Institut National de la Statistique et des Etudes Economiques (INSEE), issue 514-515-5, pages 71-92.
    • Handle: RePEc:nse:ecosta:ecostat_2020_514t_5
    DOI: https://doi.org/10.24187/ecostat.2020.514t.2008
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth

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