| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w5522 |
| 来源ID | Working Paper 5522 |
| The Effects of Income and Wealth on Time and Money Transfers between Parents and Children | |
| Joseph G. Altonji; Fumio Hayashi; Laurence Kotlikoff | |
| 发表日期 | 1996-04-01 |
| 出版年 | 1996 |
| 语种 | 英语 |
| 摘要 | We use the 1988 PSID to study the effects of income and wealth on transfers of money and time between individuals and their parents as well as the effects of incomes of other relatives on these flows. We relate the relative incomes of parents and parents in-law to transfer amounts given and received by married couples. We also study how the relative incomes of divorced parents influence transfers. We find that money transfers tend to reduce inequality in household incomes and that time transfers are only weakly related to income differences. Richer siblings give more to parents and receive less. Among parents and parents in-law the richer set of parents is more likely to give money and less likely to receive money. The same is true of divorced parents. In contrast to the implications of simple exchange models of transfers, there is little evidence in the cross section or in the analysis using siblings that parental income or wealth raises time transfers from children or that time transfers are exchanged for money transfers. In the cross section and among siblings, the strong negative relationship between time transfers and distance from parents is not associated with a strong negative relationship between distance and money transfers. We discuss the implications of our results for alternative models of transfers. |
| URL | https://www.nber.org/papers/w5522 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/562988 |
| 推荐引用方式 GB/T 7714 | Joseph G. Altonji,Fumio Hayashi,Laurence Kotlikoff. The Effects of Income and Wealth on Time and Money Transfers between Parents and Children. 1996. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w5522.pdf（3194KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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