The Exchange Motive in Intergenerational Transfers
|Title:||The Exchange Motive in Intergenerational Transfers||Authors:||Nivakoski, Sanna||Permanent link:||http://hdl.handle.net/10197/6875||Date:||27-May-2015||Abstract:||This article examines the exchange motive in intergenerational monetary transfers, namely current inter vivos transfers and planned bequests. The focus is on the causal effect of child-provided help on transfers from parents to adult children. Cross-sectionally, small transfers and help are positively correlated, with the findings robust to inclusion of child-parent relationship controls and lagged help. In an analysis of first-differenced data, the effect is statistically significant at the 10 per cent level. The analysis of planned bequests reveals no effect of child-provided help, suggesting that inter vivos transfers are better suited to exchange.||Type of material:||Working Paper||Publisher:||University College Dublin. Geary Institute||Copyright (published version):||2015 the Authors||Keywords:||Exchange motive;Intergenerational transfers;Inter vivos;Bequests;Informal care||Language:||en||Status of Item:||Not peer reviewed|
|Appears in Collections:||Geary Institute Working Papers|
Show full item record
This item is available under the Attribution-NonCommercial-NoDerivs 3.0 Ireland. No item may be reproduced for commercial purposes. For other possible restrictions on use please refer to the publisher's URL where this is made available, or to notes contained in the item itself. Other terms may apply.