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: 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: parental resources; college access; lottery

JEL Classification:
I22 Educational Finance; Financial Aid
I24 Education and Inequality

Geographic Coverage: United States

Time Period(s): 1996 – 2013

Universe: Children of lottery winners.

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Published Versions

V1 [2021-03-19]

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DDI 2.5

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