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The Exchange Motive in Intergenerational Transfers
Author(s)
Date Issued
2015-05-27
Date Available
2015-09-02T15:57:13Z
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
Series
UCD Geary Institute For Public Policy Discussion Paper Series
WP2015/10
Copyright (Published Version)
2015 the Authors
Classification
J14
D13
D91
H31
Language
English
Status of Item
Not peer reviewed
This item is made available under a Creative Commons License
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