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来源类型Working Paper
规范类型报告
DOI10.3386/w28295
来源IDWorking Paper 28295
Family Support in Hard Times: Dynamics of Intergenerational Exchange after Adverse Events
Jessamyn Schaller; Chase S. Eck
发表日期2021-01-04
出版年2021
语种英语
摘要We use an event-study approach to examine changes in intergenerational financial transfers and informal care within families following wealth loss, job exit, widowhood, and health shocks. We find sharp reductions in parental giving to adult children following negative shocks to parents' wealth and earned income, particularly in low-wealth households. Parental giving also decreases with some health shocks and increases following spousal death. Meanwhile, children of low-wealth households increase financial transfers to their parents following adverse shocks and children in both high- and low-wealth households increase their provision of informal care to parents following a wide range of adverse shocks.
主题Microeconomics ; Households and Firms ; Welfare and Collective Choice ; Health, Education, and Welfare ; Health ; Labor Economics ; Demography and Aging ; Labor Supply and Demand
URLhttps://www.nber.org/papers/w28295
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/585968
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Jessamyn Schaller,Chase S. Eck. Family Support in Hard Times: Dynamics of Intergenerational Exchange after Adverse Events. 2021.
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