Inter-Vivos Transfers and Intergenerational Exchange

Cox, Donald; Rank, Mark R.

doi:10.2307/2109662

Cited by 453 publications

(337 citation statements)

References 19 publications

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“…For the US, Cox (1987) found that females living independently have a higher probability of receiving inter-vivos transfers from parents than males, ceteris paribus, and that they receive higher amounts, though the latter effect was not significant. In Cox and Rank (1992) both the probability and amount of transfers are found to depend negatively on being an unmarried female, but when distance is used as a proxy for children's services, that variable affects positively the probability of transfers and negatively their amount.…”

mentioning

confidence: 93%

Youth emancipation and perceived job insecurity of parents and children

et al. 2008

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In this paper, we test whether lower job insecurity of parents and higher job insecurity of children delay youth emancipation. Macroeconomic estimates for 13 European countries spanning the period show that the coresidence rate increases by about 1.7 percentage points following a 10 percentage-point rise in the percentage of youths perceiving their job to be insecure and declines by about 1.1 points following the same increment in insecurity for workers aged 50-59. In the mid-1990s in Italy, 75% of youth aged 18-35 lived at home and had only a 4% probability of emancipation in the 3 subsequent years. Microeconometric evidence for this country shows that the probability of emancipation increases by about half a percentage point for a one-standard-deviation increase in paternal insecurity and by one-third of a percentage point for a one-standard-deviation decrease in children's insecurity.

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confidence: 93%

Youth emancipation and perceived job insecurity of parents and children

et al. 2008

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“…We consider comparative statics for exogenous changes in the discount factor of the child in the tough love altruism model. For this purpose, we first solve the tough love model for the parametric specification given in (15) and (16) and a given set of model parameter values. This gives us the benchmark optimum transfers and consumption stream, {T * , C * 1 , C * 2 , C * 3 }.…”

Section: Tough Love Altruismmentioning

confidence: 99%

Tough Love and Intergenerational Altruism

Bhatt

Ogaki

2016

Behavioral Interactions, Markets, and Economic Dynamics

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“…If we find a positive correlation between recipient's income and transfer amount in the data, then the exchange regime hypothesis is verified. In particular, this hypothesis has been tested in many papers and for different countries (Cox 1987;Cox and Rank 1992;Cox, Eser and Jimenex 1998;Secondi 1997).…”

Section: Theoretical Framework Of Private Transfersmentioning

confidence: 99%

Private Monetary Transfers and Altruism: An Empirical Investigation on Italian Families

Aldieri

2012

SSRN Journal

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The aim of this paper is to explore the motivation of monetary transfers received by household heads. Indeed, the financial transfers may be motivated by altruism or by the expectation of future services. For this reason, we select a sample of Italian families from the 2006 European Union Statistics on Income and LivingConditions (EU-SILC) dataset. The empirical analysis is divided into two parts.First, we consider the transfer decision and try to account for the factors that affect the probability that the household member will receive a transfer. Next, we restrict our analysis to those families who did receive a positive transfer and examine the factors that affect the size of the transfer. The economic interest in the intrinsic explanation of monetary transfers is supported by the efficacy of policy makers instruments. For this reason, we also explore the relationship between private and public financial transfers. The main contribution to the existing literature is to investigate the social motivation of private transfers and their implications in terms of policy in a unified framework.

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Inter-Vivos Transfers and Intergenerational Exchange

Cited by 453 publications

References 19 publications

Youth emancipation and perceived job insecurity of parents and children

Youth emancipation and perceived job insecurity of parents and children

Tough Love and Intergenerational Altruism

Private Monetary Transfers and Altruism: An Empirical Investigation on Italian Families

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