G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w4607
来源IDWorking Paper 4607
Transfer Behavior: Measurement and the Redistribution of Resources within the Family
Kathleen McGarry; Robert F. Schoeni
发表日期1994
出版年1994
语种英语
摘要Recent work by a number of economists has opened a debate about the role played by intergenerational transfers. Using the new Health and Retirement Survey (HRS), we are better able to address the issues involved. Contrary to the current literature on bequests, we do not find that parents give transfers equally to all children. Rather we find that in the case of inter vivos transfers, respondents give greater financial assistance to their less well off children, relative to their children with higher incomes. Financial transfers to elderly parents are also found to be negatively related to the (potential) recipient's income. These results hold both for the incidence of transfers and for the amounts. Additionally, we allow for unobserved differences across families by estimating fixed effect models and find our results to be robust to these specifications. Thus we fail to reject altruism as a possible motivation for transfers. A comparison of the HRS transfer data to other survey data demonstrates that the HRS is potentially quite useful for research on transfer behavior.
主题Labor Economics ; Demography and Aging
URLhttps://www.nber.org/papers/w4607
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/561995
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GB/T 7714
Kathleen McGarry,Robert F. Schoeni. Transfer Behavior: Measurement and the Redistribution of Resources within the Family. 1994.
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