Code for: Parental Resources and College Attendance: Evidence from Lottery Wins

Principal Investigator(s):  View help for Principal Investigator(s) George Bulman, UC Santa Cruz; Robert Fairlie, UC Santa Cruz; Sarena Goodman, Federal Reserve Board of Governors; Adam Isen, U.S. Department of the Treasury

Version:  View help for Version V1

Name File Type Size Last Modified
ReadMe.pdf application/pdf 138.7 KB 03/16/2021 10:00:AM
bulmanfairliegoodmanisen_appendix.do text/x-stata-syntax 198.4 KB 03/16/2021 10:20:AM
bulmanfairliegoodmanisen_main.do text/x-stata-syntax 58.4 KB 03/16/2021 10:01:AM
bulmanfairliegoodmanisen_prep.do text/x-stata-syntax 122.8 KB 03/16/2021 10:05:AM

Project Citation: 

Bulman, George, Fairlie, Robert, Goodman, Sarena, and Isen, Adam. Code for: Parental Resources and College Attendance: Evidence from Lottery Wins. Nashville, TN: American Economic Association [publisher], 2021. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2021-03-19. https://doi.org/10.3886/E127561V1

Project Description

Summary:  View help for Summary We examine U.S. children whose parents won the lottery to trace out the effect of financial resources on college attendance. The analysis leverages federal tax and financial aid records and substantial variation in win size and timing. While per-dollar effects are modest, the relationship is weakly concave, with a high upper bound for amounts greatly exceeding college costs. Effects are smaller among low-SES households, not sensitive to how early in adolescence the shock occurs, and not moderated by financial aid crowd-out. The results imply that households derive consumption value from college and household financial constraints alone do not inhibit attendance. 

Scope of Project

Subject Terms:  View help for Subject Terms parental resources; college access; lottery
JEL Classification:  View help for JEL Classification
      I22 Educational Finance; Financial Aid
      I24 Education and Inequality
Geographic Coverage:  View help for Geographic Coverage United States
Time Period(s):  View help for Time Period(s) 1996 – 2013
Universe:  View help for Universe Children of lottery winners.


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V1 [2021-03-19]

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