Does the exchange motive influence intergenerational transfers? Evidence from Ireland

Nivakoski, Sanna

doi:10.1007/s11150-018-9422-4

Cited by 15 publications

(9 citation statements)

References 26 publications

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“…Uncertainty over future health and long-term costs, as well as the desire to leave bequests to children, may partly explain this reticence. Data from TILDA show that 90 per cent of over-50s households with adult children expect to leave a bequest to their children, and two-thirds expect to leave an inheritance of €150,000 or more (Nivakoski, 2019). Another factor that may contribute to this unwillingness is the design of capital taxes.…”

Section: Chapter 5 Conclusionmentioning

confidence: 99%

Income adequacy in retirement: Evidence from the Irish longitudinal study on ageing (TILDA)

Beirne¹,

Nolan²,

Roantree³

2020

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The mission of the Economic and Social Research Institute is to advance evidencebased policymaking that supports economic sustainability and social progress in Ireland. ESRI researchers apply the highest standards of academic excellence to challenges facing policymakers, focusing on 12 areas of critical importance to 21st Century Ireland. The Institute was founded in 1960 by a group of senior civil servants led by Dr T.K. Whitaker, who identified the need for independent and in-depth research analysis to provide a robust evidence base for policymaking in Ireland. Since then, the Institute has remained committed to independent research and its work is free of any expressed ideology or political position. The Institute publishes all research reaching the appropriate academic standard, irrespective of its findings or who funds the research. The quality of its research output is guaranteed by a rigorous peer review process. ESRI researchers are experts in their fields and are committed to producing work that meets the highest academic standards and practices. The work of the Institute is disseminated widely in books, journal articles and reports. ESRI publications are available to download, free of charge, from its website. Additionally, ESRI staff communicate research findings at regular conferences and seminars. The ESRI is a company limited by guarantee, answerable to its members and governed by a Council, comprising 14 members who represent a cross-section of ESRI members from academia, civil services, state agencies, businesses and civil society. The Institute receives an annual grant-in-aid from the Department of Public Expenditure and Reform to support the scientific and public interest elements of the Institute's activities; the grant accounted for an average of 30 per cent of the Institute's income over the lifetime of the last Research Strategy. The remaining funding comes from research programmes supported by government departments and agencies, public bodies and competitive research programmes.

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Section: Chapter 5 Conclusionmentioning

confidence: 99%

Income adequacy in retirement: Evidence from the Irish longitudinal study on ageing (TILDA)

Beirne¹,

Nolan²,

Roantree³

2020

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“…Previous study also indicated services from children as the main indicator for parents to transfer their wealth. Parents 'pay' to their children as the services rendered (Fu, 2019;Jiménez-Martín & Prieto, 2015;Nivakoski, 2018;Park, 2014). There is also the possibility that parents transfer their wealth to encourage their children to take care of them in the future.…”

Section: Introductionmentioning

confidence: 99%

Unequal Intervivos Within The Islamic Context

Kamarudin¹,

Muhamad²,

Nizaludin³

2019

The European Proceedings of Social and Behavioural Sciences

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“…Like the model of Van Houtven and Norton (, henceforth VHN), the one presented here assumes that individual decisions regarding in‐household caregiving are motivated by self‐interest. Empirical studies of eldercare supplied by children and transfers by older parents to their children suggest some degree of self‐interest (Lopez Anuarbe, ; Nivakoski, ). Self‐interest may also lead parents to state that their future bequests are conditional on the nursing care their children will provide (Horioka, ).…”

Section: Introductionmentioning

confidence: 99%

An extended household model of eldercare by children and children‐in‐law based on Far‐Eastern traditions

Grossbard

2018

Review Development Economics

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A model of informal caregiving is presented in which decisions are made by extended households including parents and children. An extended household possibly has both a demand and a supply of elder caregiving by children‐in‐law. A patrilocal version of the model, inspired from traditional Chinese marriage institutions adopted by a number of countries in the Far East, leads to derived demands for caregiving by daughters‐in‐law and supplies of caregiving by families of daughters. Market equilibrium prices for caregiving by children‐in‐law are established. These prices then provide incentives to which individual households respond. Payments can be made during, before, or after marriage. The model can throw light on gender differences in marital happiness, differences in the impact of eldercare on the health of in‐family caregivers and on their happiness, and East/West and regional differences in caregiving obligations of family members. It also suggests that these geographic differentials may be related to variation in family institutions, including variation in the prevalence of dowry and brideprice. The policy relevance of the model is discussed.

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Does the exchange motive influence intergenerational transfers? Evidence from Ireland

Cited by 15 publications

References 26 publications

Income adequacy in retirement: Evidence from the Irish longitudinal study on ageing (TILDA)

Income adequacy in retirement: Evidence from the Irish longitudinal study on ageing (TILDA)

Unequal Intervivos Within The Islamic Context

An extended household model of eldercare by children and children‐in‐law based on Far‐Eastern traditions

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