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We investigate familial relationships in consumption patterns using a sample of parents and their children from the Panel Study of Income Dynamics. We find a positive and statistically significant parent-specific effect on children's consumption even after controlling for the effect of parental...
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What do we know about the role of extended families and kinship networks for redistributing resources? What gaps in our knowledge most need to be filled? How can we best organize current work and identify priorities for future research? These questions are important for several reasons:...
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