NDLI: Stage-specific family structure models: implicit parameter restrictions and Bayesian model comparison with an application to prosocial behavior

Content Provider	Springer Nature Link
Author	Ottoni Wilhelm, Mark Bandy, Robert
Copyright Year	2012
Abstract	The two most frequently used specifications in stage-specific family structure analyses of young adult outcomes-state × stage and event × stage-impose restrictions on the parameters of the underlying model of child development. The restrictions imposed by the state specification have substantive a priori disadvantages, implying that use of the state specification requires justification by a specification test. Because the state and event specifications are non-nested, a classical approach to specification testing runs into practical problems. We demonstrate the advantages of a Bayesian approach to the specification testing problem using two applications to young adult prosocial behavior-charitable giving and volunteering. Substantive results are that family structure transitions during adolescence are negatively associated with subsequent giving, and transitions during middle childhood are positively associated with subsequent volunteering. There are other substantive results that would have been missed had we not realized that the state and event specifications impose restrictions on the underlying model and had we not made specification testing a prerequisite for substantive analysis.
Starting Page	313
Ending Page	340
Page Count	28
File Format	PDF
ISSN	15695239
Journal	Review of Economics of the Household
Volume Number	11
Issue Number	3
e-ISSN	15737152
Language	English
Publisher	Springer US
Publisher Date	2012-06-15
Publisher Place	Boston
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Divorce Marriage Adolescence Charitable giving Donations Volunteering Microeconomics Labor Economics Population Economics Social Sciences
Content Type	Text
Resource Type	Article
Subject	Social Sciences Economics and Econometrics

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